75474 Home Values

Closed sales accelerated in 75474 this quarter, with 70 transactions completing — up from 56 in last month's reading and the fastest quarterly pace recorded in recent entries, based on MLS data for August 2026 closings in 75474. That pickup came alongside modest price firming: price per square foot among completed sales rose to roughly $190, a gain of several dollars over last month's level, while the median sale price climbed toward $285,000. Concession activity eased, appearing in roughly three in ten closings versus closer to four in ten previously, and sellers gave back about a nickel on the dollar relative to list price — directionally consistent with Hunt County's broader pattern, though the limited sample warrants some caution.

The pipeline in 75474 points toward continued easing of the imbalance flagged in recent entries. Pending contracts fell to just 13, down sharply from 21 last month, even as active inventory held near 341 homes and new listings pulled back to 179 from roughly 197 — a rare instance of new supply cooling alongside demand rather than compounding the backlog. Months of supply eased to roughly 14 and a half, down from about 18, though it remains well above Hunt County's reading near 11 and a half, keeping the broader leverage picture unchanged.

While Hunt County's price per square foot held near $161 this quarter, closed sales in 75474 diverged higher, landing near $183 — a gap of more than ten cents on the dollar, based on MLS data for 2026-07 closings in 75474. Yet the zip code's median sale price, near $258,000, still trails the county's roughly $268,000, continuing the pattern flagged in last month's entry. With the sample limited to 56 closings, the read is directional rather than definitive: concessions appeared in nearly four in ten sales here, well below the county's rate of just over half, while sellers gave back roughly five cents on the dollar at closing. Year-over-year pricing held essentially flat.

Months of supply in 75474 sits at roughly 18, well above Hunt County's reading near 11 — a gap that has widened rather than narrowed this quarter. Pending contracts fell to 21, down from the low-30s recorded last month, even as active listings held near 338. New listings, near 197, kept pace with the prior period, meaning the growing backlog reflects softer local absorption rather than a slowdown in seller activity. With only a modest quarterly closing count behind these figures, the county-level gap remains the more reliable signal.

Median days on market for completed sales in 75474 fell to roughly 62 days this quarter, down from 72 days in the prior period — the sharpest compression recorded in recent entries, based on MLS data for 2026-06 closings in 75474. Price per square foot among closed transactions came in near $172, recovering modestly from the trailing twelve-month average of $178, while the median sale price edged toward $238,000. Concession activity widened: nearly four in ten closings included seller concessions averaging close to $9,300, and half of all completed sales settled below asking. Sellers gave back roughly five cents on the dollar relative to list price.

The pipeline for 75474 tells a more cautious story than the DOM compression suggests. With months of supply at roughly 17, available inventory at 333 homes, and just 33 pending contracts, absorption remains slow. New listings — nearly 190 over the recent window — continued to outpace pending activity by a wide margin, extending the supply imbalance into the summer window. Median days on market as a velocity indicator has tightened relative to the prior quarter, but pending contract volume has not followed, a divergence that complicates any near-term outlook for Hunt County's eastern zip codes.