75454 Home Values
75454 Market Snapshot
| Active 302 listings | New 67 30 days | Closed 40 30 days | Pending 6 30 days | Supply 6.6 months | Absorption 12.3% monthly | Over List 0.9% sold above | Under List 61.9% sold below | Concessions 62.8% % of solds | Avg Concession $10,877 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75454 Market Trends
Melissa Keeps Building, Buyers Keep Browsing
Melissa sits along the US-75 corridor in southern Collin County, and the housing stock tells that story clearly. Master-planned communities like Liberty, North Creek, Meadow Park, and Legacy Ranch form the backbone, filled with single-story and two-story production homes from the mid-2010s forward. You'll find Highland, Perry, Bloomfield, Ashton Woods, and Pacesetter builds on standard 50- to 60-foot lots. Scattered among the subdivisions are a handful of acre-plus properties along Kendall Road, but the overwhelming character here is newer suburban development served by Melissa ISD.
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.
Market Updates
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.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 29, 2026, 3:09 AM CDT
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