75088 Home Values

The 75088 footprint covers classic Rowlett neighborhoods built through the eighties and nineties -- brick ranch homes on generous lots in Hillcrest Estates, Toler Ridge, Lakecrest, and The Peninsula -- alongside a wave of newer lakefront townhome and single-family product at Bayside and Canterbury Cove hugging Ray Hubbard's southern shore. Housing stock splits cleanly: older single-stories in the twos and threes that attract first-time buyers and renovators, and newer waterfront builds from Beazer, Mattamy, and Windsor pushing into the fours and fives.

Price per square foot in 75088 held near $180 in the latest quarter, based on MLS data for 2026-05 closings, while the annual trend shows values running about 5.5% below where they stood a year ago. The more telling signal is at the negotiating table: nearly seven in ten transactions closed with seller concessions — a notably wider share than the full-year rate of roughly half — and sellers gave back close to $10,000 on average at closing. No sales closed above list price in the trailing quarter. Sellers in 75088 are absorbing meaningful haircuts to get deals done, with the list-to-sale gap holding steady at roughly 97 cents on the dollar.

The supply picture in 75088 skews toward buyers heading into summer. With roughly eight months of supply on hand and active listings holding at roughly 260 homes, the pipeline is not tightening. Pending contracts — about 54 in the latest read — are running well below new listing intake of roughly 190 over the same period, meaning unsold inventory is not being absorbed at pace. Until pending volume closes the gap with new supply, conditions that pushed concession rates higher look likely to persist.