75440 Home Values

Price per square foot in 75440 slipped to just under $200 this quarter, giving back the modest gains recorded over the previous two months, based on MLS data for 2026-07 closings in 75440. The median sale price eased to roughly $282,000, though it remains up sharply from a year earlier. Seller concessions became more common, appearing in roughly four in ten closings and averaging near $8,600 — a step up from earlier in the year — while sellers overall gave back a little more ground at the table than in recent months. Just over four in ten homes closed below the original list price, holding at the elevated share seen since spring.

Pending contracts in 75440 fell sharply this quarter, dropping to just 10 against an active inventory of 176 — a far thinner contract pipeline than the market has shown since early in the year. Months of supply ticked up to roughly a year's worth of homes, even as new listings continued arriving at a steady pace of about 72. The widening gap between fresh inventory and contracts in progress suggests the pace of deals reaching the negotiating table has slowed, a shift worth watching heading into the fall.

A surge in closings — 43 over the most recent quarter, up from roughly 32 the prior period — gives 75440's market signals more statistical footing heading into summer. Based on MLS data for 2026-06 closings in 75440, price per square foot settled near $214, a modest gain from the prior reading, while the median sale price came in just above $287,000. Sellers conceded about a cent more on the dollar compared to the trailing year, with nearly one in three deals including a seller concession averaging around $8,400. More than four in ten homes still closed below the original ask, but the pace of transactions accelerating suggests the market is absorbing inventory more actively than it was in early 2026.

Supply compression is the headline in 75440's pipeline: months of supply dropped to roughly 11 and a half from the prior reading near 16, a meaningful shift in market structure even as 165 active listings remain on the market. With only 24 pending contracts against that active base, absorption is still deliberate — but the directional move in supply is the sharpest signal in the current data. Sixty-eight new listings entered the market during the period, a pace that, if sustained, would keep supply elevated; the balance between that inflow and the rising close rate will shape conditions through mid-year.

Pricing in 75440 landed at roughly $212 per square foot over the most recent quarter, with 32 closings taking just over three months on average to move from list to settlement. Sellers gave back about three cents on the dollar on those transactions, and more than four in ten homes closed below the original asking price. Roughly one in five deals included a seller concession averaging around $7,200. Based on MLS data for 75440 closings, the trailing year shows price per square foot up nearly 20% compared to the prior period, a gain that appears to be holding in recent data.

The pipeline picture for 75440 points to sustained buyer advantage in the near term. With roughly 16 months of supply on hand and only 30 pending contracts against 170 active listings, absorption is moving slowly. The 105-day average time to contract closure directionally suggests the local market has not yet found the velocity needed to work down elevated inventory. Seventy new listings entered during the period, adding further to supply without a commensurate pickup in pending activity.