75023 Home Values
75023 Market Snapshot
| Active 165 listings | New 61 30 days | Closed 41 30 days | Pending 7 30 days | Supply 3.7 months | Absorption 48.5% monthly | Over List 0.6% sold above | Under List 41.8% sold below | Concessions 53.6% % of solds | Avg Concession $7,987 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
75023 Market Trends
West Plano's Renovated Ranch Houses Keep Moving
Nearly everything active in 75023 is a single-story ranch or a modest two-story from the 1970s through early 1990s, mostly brick, sitting on lots between six and nine thousand square feet. The dominant pattern is a full gut renovation -- new drywall, LVP floors, quartz counters, and modern lighting dropped into the original footprint. Subdivisions like Hunters Gate, Hunters Ridge, Post Oak Estates, and Carriage Hill show up repeatedly. A few larger custom builds from the 2000s pop up near cul-de-sacs, but the bread and butter here is a three-bed, two-bath under two thousand square feet that someone has spent eighty grand updating.
At roughly $219 per square foot, 75023 is holding its valuation above the broader Collin County average, where the same metric runs closer to $200. Based on MLS data for June 2026 closings in 75023, median sale prices have stabilized just under $455K — a modest recovery from the trailing-year figure, though the zip is still about five percent off its year-ago level. Sellers are receiving close to 98 cents on the dollar, a noticeably tighter list-to-sale gap than what the county is posting. About half of transactions included seller concessions averaging roughly $8,000, suggesting some negotiating room persists even as valuation holds firm.
The pipeline in 75023 is running considerably tighter than the rest of Collin County. With months of supply at 3.7 — well below the county's 6.1 — and homes clearing the market in roughly 20 days compared to 37 days countywide, demand absorption here is moving at a different pace than surrounding submarkets. Active inventory has held flat while pending activity relative to new listings points to continued absorption pressure in the near term.
Market Updates
At roughly $219 per square foot, 75023 is holding its valuation above the broader Collin County average, where the same metric runs closer to $200. Based on MLS data for June 2026 closings in 75023, median sale prices have stabilized just under $455K — a modest recovery from the trailing-year figure, though the zip is still about five percent off its year-ago level. Sellers are receiving close to 98 cents on the dollar, a noticeably tighter list-to-sale gap than what the county is posting. About half of transactions included seller concessions averaging roughly $8,000, suggesting some negotiating room persists even as valuation holds firm.
The pipeline in 75023 is running considerably tighter than the rest of Collin County. With months of supply at 3.7 — well below the county's 6.1 — and homes clearing the market in roughly 20 days compared to 37 days countywide, demand absorption here is moving at a different pace than surrounding submarkets. Active inventory has held flat while pending activity relative to new listings points to continued absorption pressure in the near term.
Prices in 75023 have pulled back meaningfully over the past year. Based on MLS data for May 2026 closings in 75023, the median sale price is settling just under $445K — off roughly seven and a half percent from twelve months prior, the sharpest movement in the data set. That said, the zip isn't oversupplied: available homes represent only about three and a half months of demand, and more than half of sellers are still offering concessions averaging roughly $8,500. Sellers who price to the current market are capturing nearly 98 cents on the dollar, pointing to a zip where valuation discipline matters more than it did a year ago.
If you're thinking about selling in 75023, the key lever right now is your initial list price. Year-over-year values have declined noticeably, and buyers in this zip are well-informed — nearly half of recent sales closed below list. Have a current CMA done with comps from the last 60 days, not the last year. Sellers who price to today's market are still landing close to ask; those anchored to last year's numbers are the ones leaving concessions on the table.
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Market data last updated Jun 1, 2026, 6:00 AM CDT · Editorial updated Jun 5, 2026, 3:09 AM CDT
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