75490 Home Values

Buyers in 75490 pressed their advantage at the closing table this quarter: just under half of transactions settled below asking, and sellers received roughly 95 cents of every listed dollar, based on MLS data for 2026-07 closings in 75490. Price per square foot held near $215 even as the negotiating gap widened modestly, with the median sale settling near $477,000 — a gain of nearly 15% year-over-year that has yet to translate into pricing power at the table. No home in the sample sold above list. Concessions touched roughly four in ten closings, averaging about $16,000, a pattern that has held steady into a second month. With only 21 closings, the sample favors directional over definitive reads.

Months of supply in 75490 swelled to roughly 17 — nearing Fannin County's 18-month benchmark and marking a sharp expansion from the tighter reading reported last quarter. Active listings held near 120, while pending contracts thinned to just six against new listings of 50, a gap that continues to widen. Homes are also sitting longer before contract, a velocity signal reinforcing the sense that supply is outrunning demand. Taken together, the pipeline points toward buyers gaining more room to negotiate heading into late summer.

The negotiation gap between list and sale prices in 75490 held at roughly four cents on the dollar this quarter, but the more notable shift was in where median sale prices landed — directionally, the data points toward a meaningful pullback from the elevated readings of recent months, with MLS data for 2026-06 closings in 75490 suggesting the market is resetting toward the mid-$400,000s. Price per square foot remained near $200, preserving a roughly 14% premium over the Fannin County benchmark. With no homes closing above list and nearly four in ten selling below asking, sellers found limited pricing power even at the adjusted level. Concession activity affected close to four in ten transactions, averaging around $16,000.

Supply conditions in 75490 tightened modestly from the prior reading, with months of supply pulling back toward roughly 10 — still elevated in absolute terms, but meaningfully below Fannin County's 16-month supply. Active inventory held steady at around 110 listings while pending contracts remained thin at just 14, suggesting buyer activity has not accelerated to match the adjusted pricing. New listing volume continued to outpace pending activity by a wide margin, a pattern that may keep downward pressure on where transactions ultimately close heading into the third quarter.

Price per square foot in 75490 ran about 19% above the Fannin County benchmark in the most recent quarter, with the zip trading at roughly $200 per square foot while the broader county averaged closer to $170. Median sale prices in the zip came in near $480,000 — well above the county's $288,000 — suggesting the area's housing mix skews toward larger or higher-value properties. Based on MLS data for recent closings in 75490, sellers conceded roughly five cents on the dollar at the final negotiation stage, and about four in ten transactions included seller concessions averaging around $16,500. Homes typically spent about three months under contract before closing.

The supply picture in 75490 diverges from Fannin County's broader conditions: months of supply in the zip registered near 12, meaningfully tighter than the county's roughly 18 months, suggesting the zip's above-county pricing may reflect constrained availability rather than outsized demand. With fewer than 15 contracts pending against more than 100 active listings, however, the conversion rate points to selective buyer activity. New listing volume has outpaced pending activity by a wide margin, a pattern that bears watching if the supply gap with the county narrows further.