75442 Home Values

Closings in 75442 moved faster in July than the prior month, reversing a stretch of buyer-favored patience. Homes that sold spent roughly ten weeks on market before closing, down from nearly three months in June's data. Based on MLS data for 2026-07 closings in 75442, quarterly volume topped 110 sales, price per square foot held near $151, and the median sale landed close to $309K, roughly six percent below year-ago levels. Sellers continued conceding ground, with about four in five transactions including concessions near $12,000, and just over half of buyers closing below original list.

The forward pipeline in 75442 tells a different story than the closed-sale numbers. Pending contracts fell to roughly three dozen, down by nearly half from the prior quarter, even as new listings kept arriving at a brisker pace, about 240 over the trailing quarter and an increase over the prior period. Months of supply edged up to just over nine, keeping the market tilted toward buyers. The widening gap between new supply and pending activity suggests the recent pickup in closing pace may not persist into late summer.

Closed sales in 75442 continued moving at a measured pace through June, with homes averaging nearly three months on market before finding buyers — a duration that reflects how thoroughly buyers hold control of negotiating timelines. Based on MLS data for 2026-06 closings in 75442, the median valuation held at roughly $146 per square foot while the median sale near $306K ran about five percent below year-ago levels. The concession environment remained heavy: four in five transactions included seller concessions averaging around $12,000, and nearly two-thirds of buyers closed below original list. Sellers recovered just under ninety-seven cents on the list dollar at closing.

New listing activity in 75442 picked up heading into summer, with roughly 225 homes entering the market over the latest quarter — an increase of nearly a fifth from the prior period. Pending contracts edged higher as well, but absorption remains slow: with about 72 contracts under way against an active count of 336, the pipeline does not yet signal a shift in momentum. At just over eight months of supply, conditions are likely to remain buyer-favorable through the third quarter unless pending formation accelerates meaningfully.

Price per square foot in 75442 sits roughly 26 percent below the Collin County benchmark — $146 against the county's $198 — a gap that widened further as the annual price trend turned negative, with closed sales tracking about five percent below the prior year. Based on MLS data for 2026-05 closings in 75442, homes that did sell took nearly three months to find buyers, more than double the county's pace. Sellers gave back meaningful ground at closing, with about four in five transactions including concessions averaging roughly $12,000, and two-thirds of buyers landing below original list prices.

The pipeline in 75442 offers little relief for sellers: new listings coming to market at a pace of roughly 190 over the latest quarter are absorbing at a fraction of that rate, with only about 65 contracts pending. At 8.5 months of supply — a full month above the already-elevated Collin County average — conditions continue to favor buyers with room to negotiate. Unless pending activity accelerates meaningfully, the supply imbalance heading into summer suggests the current dynamic is unlikely to resolve quickly.