Map of 75482

75482 Home Values

Median Sale Price
$246,465
Live Market Pulse
Active Listings
—
Pending
—
New This Week
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New This Month
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Median Asking
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75482 Market Snapshot

Median Sale Price
$246,465
▼ 6.0% YoY
Price per Sq Ft
$155
median $/sqft
Days on Market
50
list to contract
Sale-to-List
95.2%
of original asking
Strong Buyer's Market 13.5 months of supply
Seller's Buyer's
Active
343
listings
New
46
30 days
Closed
26
30 days
Pending
7
30 days
Supply
13.5
months
Absorption
5.5%
monthly
Over List
0.7%
sold above
Under List
41.4%
sold below
Concessions
30.8%
% of solds
Avg Concession
$7,445
seller paid

Source: NTREIS MLS • Excludes leases • Sep 2026

75482 Market Trends

Median Sale Price
24 months
$149K$206K$263K$320K$378KNov 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026Sep 2026

Sulphur Springs Builds While Buyers Browse

Sulphur Springs is the Hopkins County seat. Near the downtown square you'll find restored Craftsman homes from the early 1900s alongside new infill construction. Subdivisions like Stonecreek and Country Club Estates bring builder-grade new construction in the low-to-mid $200s. Head south or east and the lots open up to multi-acre tracts. The I-30 corridor adds a commercial fringe.

Buyers in 75482 regained negotiating ground: roughly four in ten closed sales settled below original list price over the trailing quarter, nearly matching the trailing-year rate after September's pullback toward one in three. Based on MLS data for October 2026 closings in 75482, concessions followed, with more than a third of closings including a give-back averaging close to $7,750, up from about three in ten across the year. Price per square foot held near $147, well under the trailing-year average around $155, and sellers recouped roughly 96 cents on the dollar. About 75 closings anchor the quarter's read.

Inventory finally gave way a bit in 75482: active listings fell to roughly 340 from around 400 a month earlier, trimming months of supply to about thirteen and a half, still more than three times the level that typically marks a balanced market. Pending contracts held near 19 against about 140 new listings over the trailing quarter, a gap showing absorption still trailing fresh supply by a wide margin. Median time on market shortened to about 50 days, a velocity signal that sales are moving, though the thin pending pool keeps near-term leverage with buyers.

Market Updates

Buyers in 75482 regained negotiating ground: roughly four in ten closed sales settled below original list price over the trailing quarter, nearly matching the trailing-year rate after September's pullback toward one in three. Based on MLS data for October 2026 closings in 75482, concessions followed, with more than a third of closings including a give-back averaging close to $7,750, up from about three in ten across the year. Price per square foot held near $147, well under the trailing-year average around $155, and sellers recouped roughly 96 cents on the dollar. About 75 closings anchor the quarter's read.

Inventory finally gave way a bit in 75482: active listings fell to roughly 340 from around 400 a month earlier, trimming months of supply to about thirteen and a half, still more than three times the level that typically marks a balanced market. Pending contracts held near 19 against about 140 new listings over the trailing quarter, a gap showing absorption still trailing fresh supply by a wide margin. Median time on market shortened to about 50 days, a velocity signal that sales are moving, though the thin pending pool keeps near-term leverage with buyers.

Price per square foot in 75482 slipped to $148 over the trailing quarter, reversing last month's climb toward $155 and landing further below the trailing-year average near $157, based on MLS data for September 2026 closings in 75482. The more telling shift showed up in negotiating outcomes: just under a third of closed sales settled below original list price, down from more than four in ten across the trailing year and from last month's tally as well, even as sellers gave back a little over $7,750 on average when concessions applied. Sellers are recouping just under 96 cents on the dollar at closing, essentially flat from August's pace, on a quarter that closed roughly 80 transactions.

Months of supply in 75482 eased only slightly to just over fifteen — still nearly four times the level that typically signals a balanced market — even as active listings held steady around 400. Pending contracts ticked up to 18 over the trailing quarter, a thin pool next to the roughly 150 new listings hitting the market over the same span. That gap continues to outweigh the modestly quicker pace at which sales have been closing recently, leaving buyers with room to negotiate even as the pipeline shows early signs of picking up.

Wrapping up in roughly six weeks on average, closed sales in 75482 moved noticeably faster this quarter than the two-plus-month pace typical each spring. Based on MLS data for August 2026 closings in 75482, price per square foot held near $155, narrowing but not closing the gap against the trailing-year average closer to $157. Concession activity ticked higher, with roughly three in ten closings including a give-back and average amounts drifting up to around $7,500, even as sellers continued recouping close to 96 cents on the dollar at the table. More than a third of completed sales still settled below original asking price.

Pipeline signals in 75482 point to a market still working through its backlog rather than accelerating structurally. Pending contracts fell to about 15 over the trailing quarter — a sharp retreat from the two dozen or so logged last month — even as new listings held near their typical quarterly pace and active inventory stayed close to 400. With roughly sixteen months of supply on hand, the faster closing timelines reflect existing contracts working through the pipeline more than any broad tightening in absorption heading into fall.

Wrapping up in roughly six weeks on average, closed sales in 75482 moved noticeably faster this quarter than the two-plus-month pace typical each spring. Based on MLS data for August 2026 closings in 75482, price per square foot held near $155, narrowing but not closing the gap against the trailing-year average closer to $157. Concession activity ticked higher, with roughly three in ten closings including a give-back and average amounts drifting up to around $7,500, even as sellers continued recouping close to 96 cents on the dollar at the table. More than a third of completed sales still settled below original asking price.

Pipeline signals in 75482 point to a market still working through its backlog rather than accelerating structurally. Pending contracts fell to about 15 over the trailing quarter — a sharp retreat from the two dozen or so logged last month — even as new listings held near their typical quarterly pace and active inventory stayed close to 400. With roughly sixteen months of supply on hand, the faster closing timelines reflect existing contracts working through the pipeline more than any broad tightening in absorption heading into fall.

The share of closed sales settling below original list price narrowed to roughly one in three in 75482 this quarter, down from more than four in ten across the trailing year, softening — though not erasing — the negotiating room buyers have held recently. Price per square foot held near $149 based on MLS data for July 2026 closings in 75482, a pullback from the trailing-year average near $157 but flat against last month. Seller concessions eased too: roughly one in four closings included one, down from three in ten over the trailing year, with average amounts drifting lower to around $6,900. Sellers are still recouping nearly 96 cents on the dollar at close, continuing a gradual firming trend.

Pipeline data complicates the buyer-leverage picture. Months of supply held near 15 in 75482 — well above the four-month threshold that typically marks a balanced market — with active listings steady at 400. Yet pending contracts fell sharply, down to two dozen over the trailing quarter, a considerably thinner haul than the pace suggested by earlier months. New listings tracked in line with typical quarterly volume, so the drop reflects contract-writing activity cooling rather than a wave of new supply. That divergence suggests buyers are not moving to claim the leverage the raw supply numbers imply.

Days on market in 75482 pulled back noticeably, with the typical closed sale running about 63 days from list to contract — roughly ten days shorter than the pace recorded in the prior period. Based on MLS data for June 2026 closings in 75482, price per square foot came in near $148, a modest step up from the recent trough and still running below the trailing-year average closer to $160. About a quarter of completed sales carried seller concessions, down from nearly three in ten over the full year, with average concession amounts retreating toward roughly $7,000. Just under half of all closings settled below original asking price, though sellers in 75482 are still recouping about 95 cents on the dollar at close.

The pipeline in 75482 tells a more mixed story. Pending contracts stood at 50 against 187 new listings over the trailing three months — a ratio that continues to show new supply outpacing absorption by a wide margin. With roughly 15 months of supply on hand, the modest DOM improvement has not yet translated into a tighter supply-demand balance. Active listings have held steady, suggesting the recent acceleration in closings reflects a seasonal uptick rather than a structural shift in velocity heading into summer.

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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 12, 2026, 7:29 PM CDT

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