75424 Home Values

Closed sales in 75424 took roughly eleven weeks to complete this quarter, about twice the pace of Collin County, based on MLS data for 2026-10 closings in 75424. Price per square foot rebounded to near $196 from about $175 last quarter, though still short of the county's roughly $200 level. Concessions touched nearly three in four closings, even as the average contribution eased to about $12,000 from roughly $16,000. Sellers collected close to 96 cents on the dollar, and more than half of sales closed under ask. With about three dozen closings, the rebound is directional rather than definitive; values remain down roughly a ninth from a year earlier.

New listings in 75424 picked up to 68 this quarter from 55 previously, while pending contracts edged up from four to six, still a thin trickle against 146 active listings. Months of supply held near eleven, nearly double Collin County's six-month pace, and listings continue to arrive faster than contracts get signed. Median time on market stretched toward 77 days, a slower velocity signal suggesting absorption remains the constraint heading into winter.

A thin batch of just 40 closings in 75424 this quarter limits how much weight the numbers can carry, but the pattern holds steady with recent months, based on MLS data for 2026-09 closings in 75424: price per square foot settled near $175, essentially flat against the trailing-year average of $182 and still running roughly 14% under Collin County's $203 benchmark. Homes that did sell took longer to close, averaging nearly ten weeks versus the county's five-week median. Concessions touched about two-thirds of transactions, with sellers contributing roughly $16,100 on average, moderating from last quarter's higher figure — sellers overall still collected close to 97 cents on the dollar. Values remain down roughly a fifth from a year earlier.

Pending contracts in 75424 nearly vanished this quarter, falling to just four against a steady 144 active listings — the sharpest such gap yet. New listing activity also slowed, with 55 additions compared with a fuller pace last quarter. Months of supply eased slightly to roughly eleven, but remains nearly double Collin County's six-month pace, a signal that absorption, already sluggish, has yet to meaningfully improve.

While homes across Collin County typically closed in about a month this quarter, sellers in 75424 waited roughly twice as long — a divergence that has held steady for months, based on MLS data for 2026-07 closings in 75424. Price per square foot settled near $177, moderating further from last quarter's reading and remaining well under the county's roughly $203 benchmark. The median sale price, near $380,000, also trailed the county's typical figure by a wide margin. Concessions appeared in nearly two-thirds of closings, with sellers contributing close to $18,800 on average — among the highest rates tracked locally — while buyers still paid sellers roughly 96 cents on the dollar at the table.

Pipeline activity in 75424 continues to diverge from the county pattern. Active listings held at 139 while pending contracts fell to just eight — a sharp pullback from the prior quarter — leaving the ZIP with nearly 12 months of supply, roughly double Collin County's typical pace. New listing activity also slowed, with 71 additions this quarter compared with a fuller pipeline in recent months. The gap between available inventory and committed buyers here remains far wider than the county's broader trend suggests.