75124 Home Values

The 75124 zip code sprawls across Henderson County's rolling countryside east of Cedar Creek Lake, pulling in Mabank, Eustace, and unincorporated pockets along Highway 175. Housing here is a patchwork: lakefront cabins on narrow lots share the market with hobby ranches on 10 to 50-plus acres, older farmhouses from the 1950s, and a scattering of newer-build homes from the 2020s. There's no single subdivision feel. Lot sizes swing wildly, and septic systems are the norm outside town limits.

Price per square foot in 75124 fell sharply over the most recent quarter — landing near $133 — a steep retreat from the $208 figure that characterized the trailing full year, based on MLS data for 2026-05 closings in 75124. With fewer than a dozen closings this quarter, these price signals carry wide confidence intervals, but the directional shift is notable: median sale prices dipped to roughly $274K from the annual median near $295K. Sellers did recover slightly at the closing table, with the list-to-sale ratio ticking up toward 99 cents on the dollar — an improvement over the annual average — while about a third of transactions still included concessions.

With fewer than five contracts currently pending against 79 active listings, the supply-demand imbalance in 75124 is pronounced — months of supply sits near 21, far beyond the threshold that historically favors buyers. New listing activity added roughly 46 homes to the pipeline this quarter, but absorption has not kept pace. The thin pending count suggests deal velocity has slowed considerably, and without a meaningful uptick in buyer activity, the inventory overhang is likely to persist into the coming months.