75038 Home Values

This zip code splits into two distinct worlds. South of 114, guard-gated Cottonwood Valley and Fairway Vista deliver estate homes and executive townhomes on the golf course, many backing up to TPC Las Colinas or steps from the Ritz-Carlton. North of 114, the landscape shifts to 1980s condo complexes around Esters Road and Mandalay Place, plus pockets of newer townhome communities like Vue Las Colinas and Le Chateau. Cadence Homes is actively building three-story modern product near the Nelson Golf Club.

75038's price per square foot — roughly $249 at close — ran about 22 percent above the Dallas County median of $204, based on MLS data for the trailing-3-month period in 75038. Sellers here also captured a higher share of list price than the countywide average, giving back less than two cents on the dollar at the negotiating table compared to roughly 2.8 cents across Dallas County. The concession rate of about three in ten closings trails the countywide rate of nearly half, suggesting sellers in 75038 have held firmer ground on price relief. The YoY trajectory, however, tells a more cautious story: prices declined roughly six percent over the past year.

The supply picture in 75038 leans decidedly toward buyers heading into the coming months. Active listings stand at 96 while pending contracts number just 15 — a ratio that, with months of supply at nearly nine, outpaces the Dallas County benchmark of about seven months. New listing activity at 68 units over the quarter has outrun pending volume by a wide margin, widening the supply gap. Directionally, the pipeline suggests buyer negotiating room in 75038 is expanding faster than the broader county trend.