75416 Home Values

Price per square foot in 75416 climbed for a fourth consecutive month, reaching roughly $205 in the latest quarter and marking the sharpest single jump in this stretch — up from around $153 a month earlier. Based on MLS data for 2026-08 closings in 75416, the median sale price followed suit, rising to about $186K. With only about twenty-two closings feeding this reading, the limited sample suggests caution in reading the pace as durable, though the direction is now consistent across four straight months. Sellers captured close to full list price at the table, and concessions eased slightly to roughly one in four transactions, both signs of firming footing during negotiations.

While active inventory in 75416 held steady near 53 homes, the number of contracts working toward closing continued to thin, with pending sales down to just four this quarter — a further pullback from an already-shrunken pipeline last month. New listing activity also slowed, easing toward the high twenties after running closer to three dozen in recent months, and months of supply held near seven. With so few contracts now in motion, the pipeline offers limited near-term confirmation for the price gains showing up in closed transactions, leaving the durability of that climb an open question heading into fall.

Price per square foot in 75416 climbed to roughly $135 in the latest quarter, up from about $122 the month prior — a directional recovery that, while the limited sample warrants caution, marks a notable shift in where transactions are actually landing. Based on MLS data for 2026-06 closings in 75416, the median sale price rose to approximately $166K, a meaningful step above last quarter's reading. The concession rate edged higher to about a third of transactions, yet sellers captured nearly the full list price — suggesting the market is still negotiating on concessions rather than outright price cuts. Year-over-year, values remain well below prior peaks.

Active inventory in 75416 held near 61 homes heading into mid-year, while pending contracts ticked up slightly to 11 — a modest improvement against the prior period's pace. New listing activity registered around 34 over the quarter, keeping supply ahead of absorption. With months of supply still running close to 10, the pipeline suggests buyer conditions persist even as closed-sale prices have firmed directionally. The supply overhang remains the primary counterweight to any sustained price recovery in this zip.

Homes in 75416 are closing in roughly 25 days at the median — a sharp compression from the 79-day pace recorded across the full trailing year, based on MLS data for 2026-05 closings in 75416. The directional shift suggests the most recent transactions are moving at a different cadence than the broader annual picture. Price per square foot settled near $122 in the latest quarter, down from the annual figure of $134, while the median sale price landed around $155K. The concession rate climbed to about a third of transactions, though sellers captured nearly all of list price — a signal that pricing discipline, rather than discounting, is characterizing accepted deals.

The pipeline in 75416 tells a quieter story: pending contracts numbered only about 10 at last measure, a steep drop from the roughly 46 carried through the trailing year, while new listing activity registered around 32 over the quarter. With active inventory holding near 59 homes and months of supply still above 10, the limited sample suggests supply remains well ahead of absorption — but the recent closing pace, if sustained, could begin to work that gap down. Conditions directionally favor buyers, though the thin transaction volume warrants caution in reading near-term signals.