75454 Home Values

Homes that closed in 75454 took longer to find buyers this quarter, with median time on market stretching past 50 days, slower than the roughly 44 days logged a month earlier. Based on MLS data for 2026-09 closings in 75454, roughly 120 sales cleared over the quarter, enough volume to give the slowdown real weight. Price per square foot held near $186, a few dollars under the trailing-year baseline, while median sale price sat around $455,000, still down nearly ten percent year over year. Sellers received about 97 cents on the dollar, and concessions appeared in roughly two-thirds of closings, averaging close to $10,600.

Pending contracts in 75454 slipped to about 16, the lowest reading in recent months and down from roughly 19 a month earlier, even as new listings added around 184 over the quarter. Active inventory holds near 288, and months of supply edged above seven, moving further from balance. Slower time on market reinforces the velocity story: fewer listings are converting to contracts. Collin County shows a similar squeeze, with pending contracts equal to under a tenth of new listings, so the local slowdown tracks a broader pipeline lag.

Collin County's median closed price held near $474,000 over the past three months; 75454 settled well below that mark, based on MLS data for 2026-08 closings in 75454. Price per square foot here ran roughly $17 under the county-wide figure, and the median sale price landed close to $30,000 beneath the broader county reading. Homes in 75454 also took longer to find buyers — closed listings averaged 44 days on market, roughly nine days slower than the county's pace. Sellers still received a similar share of asking price, near 96 cents on the dollar, and concessions appeared in almost six in ten transactions, both tracking close to the county norm.

Pending contracts in 75454 fell to just 19 this quarter, a steep drop from recent months. But the shortfall isn't unique to this zip code: across Collin County, only about eight percent of new listings converted to a pending contract, versus roughly nine percent here — a comparable ratio. Months of supply in 75454, at just under seven months, sits only modestly above the county's own six-plus-month reading. The pattern suggests broader pipeline compression across Collin County explains much of the local slowdown, rather than a distinctly local divergence.

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.