75154 Home Values

This zip pulls together three distinct pockets -- Red Oak's expanding master-planned communities, Glenn Heights' established subdivisions, and the wooded estate lots along the Ovilla corridor. The new-build side is dominated by Bloomfield, First Texas, Brightland, and Altura putting up one- and two-story plans from the low $400s into the $800s in neighborhoods like Broadmoor Estates and The Villages at Charleston. Resale inventory clusters in Heritage Lakes, Fox Hollow, Magnolia Farms, and Meadow Springs.

The negotiation gap in 75154 narrowed in recent months, based on MLS data for 2026-05 closings in 75154. Price per square foot held near $176, roughly flat against the trailing-year average, while median sale prices settled around $380,000. What shifted was buyer extraction at the table: nearly half of closings in the latest quarter came in at or above list — a meaningful tightening from the 55% under-list rate recorded over the prior twelve months. Sellers continued to offer concessions on roughly seven in ten transactions, averaging just under $13,000, but the list-price-received rate edged slightly higher. Homes averaged 58 days to close.

With about 309 active listings and 5.6 months of supply, 75154 sits in buyer-favorable territory — though the pipeline tells a more nuanced story. Pending contracts in the current quarter represent a thinner share of recent closed volume than the Ellis County average, where supply has stretched to nearly eight months. New listing activity in 75154 has been steady, but the pending count trails the pace of fresh supply, suggesting near-term absorption may soften before it tightens. Buyer leverage remains present but is less pronounced than the annual data implied.