75440 Home Values

Seller leverage in 75440 eroded further this quarter, with concessions appearing in nearly half of all closings, up from roughly four in ten a month earlier, based on MLS data for 2026-08 closings in 75440. The average concession climbed to about $9,000, and sellers collected roughly 95 cents on every dollar asked, extending a slide from the 96-cent mark logged over the trailing year. Price per square foot eased further to around $195, continuing a pullback from the mid-$200s reached earlier this summer, even as the median sale price held near $295,000, still up more than 10% year over year. With 35 closings in the sample, the softening in list-to-sale performance is directional but has now persisted for several months.

The pipeline reinforces that shift: pending contracts fell to just six against an active base of 194 listings, deepening a contraction that began last month. New listings picked up to 83, widening the gap between fresh supply and contracts being written. Months of supply remains elevated at roughly a year and a half, leaving little urgency at the negotiating table. With so few contracts moving relative to both active inventory and incoming listings, the conditions behind this quarter's softer terms appear likely to persist into early fall rather than resolve quickly.

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.