75462 Home Values
75462 Market Snapshot
| Active 122 listings | New 23 30 days | Closed 15 30 days | Pending 2 30 days | Supply 7.3 months | Absorption 3.3% monthly | Over List 0.6% sold above | Under List 34.8% sold below | Concessions 30.9% % of solds | Avg Concession $6,975 seller paid |
Source: NTREIS MLS • Excludes leases • Aug 2026
75462 Market Trends
Paris Holds Steady While Buyers Wait
Paris anchors Lamar County with a mix of established brick neighborhoods inside Loop 286 and newer construction stretching east into Reno and the Wellington Point addition near Pine Ridge Golf Course. South of the loop, you'll find ranch-style homes on multi-acre tracts in Chisum ISD. Subdivisions like Twin Lakes, Oak Creek, Brownwood, Pine Valley, and Sugarhill Estates make up the core residential base.
Sellers in 75462 continued collecting close to full asking price at closing, but concessions grew directionally more common this quarter than in recent months. Based on MLS data for September 2026 closings in 75462, nearly four in ten sales included a seller concession, up from roughly a third in August and continuing a climb from about a quarter of closings in the spring. The average concession held near $7,100 for a second straight quarter, suggesting sellers are giving ground on terms rather than payout size. Closed sales also moved faster, with the typical listing under contract about five and a half weeks, down from roughly seven, while price per square foot edged up to about $162 across 50 closings.
Pending contracts in 75462 slipped further to just 4 this quarter, thinner even than August's already-limited count, while active inventory held near 122 homes and new listings arrived at a brisker pace of roughly 80. That combination nudged months of supply up slightly to about seven, a level that has hovered near buyer's-market territory for several months running. With so few contracts advancing toward closing relative to what's coming onto the market, the recent rise in seller concessions looks less like a temporary adjustment than an early response to inventory that isn't clearing.
Market Updates
Sellers in 75462 continued collecting close to full asking price at closing, but concessions grew directionally more common this quarter than in recent months. Based on MLS data for September 2026 closings in 75462, nearly four in ten sales included a seller concession, up from roughly a third in August and continuing a climb from about a quarter of closings in the spring. The average concession held near $7,100 for a second straight quarter, suggesting sellers are giving ground on terms rather than payout size. Closed sales also moved faster, with the typical listing under contract about five and a half weeks, down from roughly seven, while price per square foot edged up to about $162 across 50 closings.
Pending contracts in 75462 slipped further to just 4 this quarter, thinner even than August's already-limited count, while active inventory held near 122 homes and new listings arrived at a brisker pace of roughly 80. That combination nudged months of supply up slightly to about seven, a level that has hovered near buyer's-market territory for several months running. With so few contracts advancing toward closing relative to what's coming onto the market, the recent rise in seller concessions looks less like a temporary adjustment than an early response to inventory that isn't clearing.
Days on market in 75462 fell back to 48 this quarter, returning to the sub-50 range last reached in June after a brief rebound in July. Based on MLS data for August 2026 closings in 75462, that faster pace accompanied 55 completed transactions, a notably thicker quarter than the roughly 46 closings averaged per quarter over the trailing year, lending more weight to this period's price signals. Price per square foot rose to about $160, roughly 6% above the trailing-year mark of $151. Sellers still collected just under 97 cents on the dollar, but concessions turned up in more than a third of closings, a higher share than July's, even as outright below-list closings eased to under three in ten.
Months of supply in 75462 eased to about seven this quarter, down from the mid-eights, though the shift owes more to fewer contracts moving forward than to any drawdown in what's for sale. Active inventory held essentially flat near 130 homes, while pending contracts fell to just 6, less than half an already-thin count in July. New listings arrived at a similar pace to recent months, near 69, meaning homes coming onto the market are not being matched by contract activity — a gap that points toward slower closing volume ahead even as shelf inventory holds level.
The time homes spent under contract before closing in 75462 fell sharply in the latest quarter, with median days on market dropping to roughly 44 — down from the mid-70s recorded in the prior period. Based on MLS data for June 2026 closings in 75462, that compression coincided with sellers collecting just under 97 cents on the dollar, a modest improvement over the trailing-year average. Concessions appeared in roughly one in four transactions, with sellers contributing close to $6,900 when they did occur. Price per square foot held near $150, essentially flat with the annual baseline, while roughly three in ten closings settled below original ask — directionally a tighter gap than the prior year's nearly four in ten.
Pending contracts in 75462 registered 27 against 71 new listings added over the trailing three months, a conversion ratio that, while limited by sample size, directionally suggests absorption remains well below supply intake. Active inventory held steady near 123 homes — roughly unchanged from the prior period — while months of supply eased from near nine to about seven and a half, a directional improvement that has not yet brought the market into balance. The data suggests the pipeline is moving slightly faster, but the supply overhang persists.
Valuation in the 75462 ZIP code has edged upward on a per-square-foot basis, with recent closings averaging roughly $153 per square foot — about 5% above the trailing-year figure of $145. Based on MLS data for May 2026 closings in 75462, sellers collected close to 97.5 cents on the dollar, a slight improvement over the annual average, yet nearly a third of transactions still closed below original list price with no recorded sales above ask. Concession activity eased to roughly one in four closings, down from nearly one in three over the prior year, though the average seller contribution when concessions occurred ran close to $6,800.
At nearly nine months of supply, the 75462 pipeline reflects a market where absorption continues to lag new supply. Pending contracts registered 31 against 85 new listings added over the trailing three months, a conversion ratio that directionally suggests demand has not kept pace with available homes. Active inventory held steady at roughly 136 homes. A median 74-day listing cycle reinforces that homes are not moving quickly, with available supply showing little sign of drawdown in the near term.
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Market data last updated Sep 1, 2026, 6:00 AM CDT · Editorial updated Sep 12, 2026, 11:30 AM CDT
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