75454 Home Values

A surge in closings — nearly 140 in the latest quarter — gives price signals in 75454 more weight this month, even as those signals continued to soften. Price per square foot held near $185, based on MLS data for 2026-07 closings in 75454, roughly flat versus June but still about $5 below the trailing 12-month baseline. Median sale price sits near $446,000, down close to 11 percent year over year. Sellers received roughly 95 cents on the dollar at closing, with concessions appearing in nearly two-thirds of transactions — the average concession climbed back above $10,100, reversing last month's pullback.

The gap between supply and demand widened again this quarter. Pending contracts in 75454 fell to roughly 37 — down sharply from around 90 a month earlier — even as active listings held near 300 and new listings totaled about 235. Months of supply ticked up to roughly six and a half, edging further from balance. The pattern echoes a trend building since spring: new inventory continues to outpace contract activity, a dynamic that has yet to show signs of reversing heading into late summer.

Buyers in 75454 who pressed for concessions found a receptive market in June: nearly two-thirds of closed transactions included a seller concession, based on MLS data for 2026-06 closings in 75454, even as the average concession amount pulled back to roughly $9,500 — down from over $11,000 across the trailing year. Price per square foot settled near $186, essentially unchanged from the prior quarter but still running about seven dollars below the twelve-month baseline. More than half of homes sold below asking, and sellers received close to 96 cents on the dollar at closing — consistent with a market where buyers retain meaningful pricing leverage.

With months of supply at roughly six and active listings near 290, 75454 sits at a near-even balance — yet the pending-to-active ratio tells a more nuanced story. Only about 87 contracts are in the pipeline against 260 new listings added this quarter, meaning fresh supply is running roughly three-to-one over pending demand. That absorption gap keeps buyer leverage intact heading into summer, a dynamic consistent with the broader Collin County picture where pending volume has similarly lagged new listing activity.

Price per square foot in 75454 landed near $185 in the latest quarter — roughly eight dollars below the trailing annual average — yet homes here closed in about 32 days, a notably faster pace than the 47-day median recorded over the full year. Based on MLS data for 2026-05 closings in 75454, roughly 128 transactions cleared the market this quarter, with sellers receiving close to 96 cents on the dollar at closing. About two-thirds of closed deals included a seller concession, though average concession amounts pulled back modestly from earlier in the year. Prices remain down roughly 11 percent year over year, reflecting a market still recalibrating after a period of elevated valuations.

The velocity signal embedded in 75454's days-on-market figure tells a more nuanced story than the headline price decline suggests: homes that are finding buyers are doing so relatively quickly. Active listings stood at roughly 246 while pending contracts numbered only about 82, meaning new listings entering the market at a pace of more than 220 over the quarter are outpacing absorption. At roughly 5.8 months of supply, 75454 sits somewhat tighter than Collin County's broader 6.8-month reading, though the pending-to-active ratio signals that much of the current inventory has yet to attract an offer.