75423 Home Values
75423 Market Snapshot
| Active 103 listings | New 20 30 days | Closed 12 30 days | Pending 1 30 days | Supply 10 months | Absorption 9.7% monthly | Over List 2.1% sold above | Under List 42.6% sold below | Concessions 35.1% % of solds | Avg Concession $8,328 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75423 Market Trends
Acre Lots and New Builds in Celeste
Celeste sits in the rolling farmland of Hunt County where two-lane county roads connect clusters of newer construction to old-town blocks. Most residential lots here run a full acre or more, and the building pattern is unmistakable: modern farmhouse-style homes with board-and-batten siding, covered porches front and back, and oversized workshops out behind. Scattered among the new builds you'll find legacy homesteads from the late seventies and eighties on multi-acre tracts.
Based on MLS data for June 2026 closings in 75423, price per square foot landed near $206 — roughly 30% above Hunt County's $159 benchmark — a gap that held consistent across multiple valuation measures. Sellers in 75423 recovered close to 99 cents on the dollar at closing, compared to about 96 cents countywide, signaling that this zip commands more pricing authority than the broader market. Median sale prices tracked above $310,000 against a county median near $272,000. With just two dozen closings in the quarter, these signals carry wide confidence intervals, but the directional premium relative to Hunt County is visible across both price-per-square-foot and list-price capture.
The pipeline in 75423 remains notably compressed relative to its Hunt County context. Roughly 100 active listings sat against only 17 pending contracts in the latest quarter — a pending-to-active ratio well below the county's broader absorption pace. New listing activity added about 61 properties, but pending volume stayed shallow, suggesting that the price premium this zip commands has not translated into accelerating demand. Months of supply near eleven mirrors the countywide figure, but the thin pending depth indicates that absorption is not gaining momentum heading into the second half of the year.
Market Updates
Based on MLS data for June 2026 closings in 75423, price per square foot landed near $206 — roughly 30% above Hunt County's $159 benchmark — a gap that held consistent across multiple valuation measures. Sellers in 75423 recovered close to 99 cents on the dollar at closing, compared to about 96 cents countywide, signaling that this zip commands more pricing authority than the broader market. Median sale prices tracked above $310,000 against a county median near $272,000. With just two dozen closings in the quarter, these signals carry wide confidence intervals, but the directional premium relative to Hunt County is visible across both price-per-square-foot and list-price capture.
The pipeline in 75423 remains notably compressed relative to its Hunt County context. Roughly 100 active listings sat against only 17 pending contracts in the latest quarter — a pending-to-active ratio well below the county's broader absorption pace. New listing activity added about 61 properties, but pending volume stayed shallow, suggesting that the price premium this zip commands has not translated into accelerating demand. Months of supply near eleven mirrors the countywide figure, but the thin pending depth indicates that absorption is not gaining momentum heading into the second half of the year.
Concession activity in 75423 rose sharply in the most recent quarter, with roughly half of all closings including seller concessions — a notable jump from about one-in-three over the trailing year. Based on MLS data for May 2026 closings in 75423, sellers in this zip directionally gave ground more frequently at the table even as list-price capture edged higher, suggesting concessions functioned as deal-closers rather than deep price cuts. Price per square foot landed near $204, slightly below the annual figure, while median sale prices trended above the yearly baseline. The limited sample of two dozen closings this quarter means these signals are directional, not definitive.
The pipeline in 75423 narrowed considerably in the latest quarter, with pending contracts falling to roughly 15 against 90 active listings — a supply-to-pending ratio that outpaces the broader Hunt County pace proportionally. New listing activity continued at a measured pace, adding around 53 properties against a pool of active inventory that held flat. With months of supply near eleven, the pipeline signals that absorption remains slow heading into summer, sustaining conditions where buyers retain meaningful time to negotiate. For a zip with limited transaction volume, these directional signals align with county-wide patterns.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 28, 2026, 11:08 PM CDT
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