75117 Home Values

The 75117 zip code fans out across the rolling countryside east of Dallas, anchored by the small towns of Wills Point and Edgewood in Van Zandt County. Housing here skews toward legacy ranch-style homes on generous multi-acre parcels, many built in the 1970s through early 2000s. Newer construction clusters around Edgewood ISD in planned pockets like Legacy Oaks, where modern farmhouse builds on one-to-two-acre lots have added fresh inventory. You'll still find plenty of mid-century brick on smaller town lots, but the defining character of this zip is land.

Closed transactions in 75117 show price per square foot landing near $194 in the most recent quarter — modestly above the trailing-year figure of roughly $181, based on MLS data for 2026-05 closings in 75117. The directional data suggests upward price movement, though with just 18 closings in the three-month window, the signal carries wide confidence intervals. Sellers in this zip received essentially all of their asking price at closing, with buyers rarely negotiating below list. The concession rate — roughly one in five deals — points to selective but meaningful accommodation at the negotiating table.

The pipeline in 75117 tells a different story than the closed-sale data: nearly 50 new listings entered the market against just 10 pending contracts in the trailing quarter, a ratio that favors buyers heading into the coming months. With roughly 12 to 13 months of supply — well above the threshold that typically marks a buyer's market — active inventory has accumulated without a corresponding uptick in pending activity. The limited sample suggests this imbalance is directionally significant, though Van Zandt County's broader conditions would help anchor the full picture.