75482 Home Values
75482 Market Snapshot
| Active 400 listings | New 54 30 days | Closed 29 30 days | Pending 6 30 days | Supply 14.8 months | Absorption 6% monthly | Over List 0.6% sold above | Under List 42.5% sold below | Concessions 30% % of solds | Avg Concession $7,528 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75482 Market Trends
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.
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.
Market Updates
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.
Price per square foot in 75482 directionally suggests a softer recent baseline — closings over the trailing three months tracked near $145 per square foot, below the full-year average closer to $160. Based on MLS data for May 2026 closings in 75482, the typical transaction was taking around 73 days from listing to close, with sellers giving back roughly four and a half cents on the dollar at the table. Nearly one in three completed sales included a seller concession averaging close to $6,600, and just under half of all closed transactions came in below original asking price. Annual price appreciation has been modest, holding under two percent over the trailing-year period.
Supply conditions in 75482 remain heavily tilted toward buyers. With roughly 16 months of supply on hand — more than four times the threshold that typically signals equilibrium — absorption is running far below the pace of new listings entering the market. Pending contracts numbered only 54 against 190 new listings over the trailing three months, a ratio that directionally suggests the pipeline is not clearing fast enough to tighten conditions in the near term.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jul 14, 2026, 7:08 PM CDT
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