75166 Home Values

Drive through 75166 and you'll see it happening in real time -- fresh-framed two-stories going up on every other lot. Trophy Signature, Bloomfield, Drees, and a handful of other production builders have turned the Lavon and Nevada corridor into one of Collin County's most active new-construction zones. The stock skews heavily toward four- and five-bedroom plans on compact lots in master-planned communities like Elevon, Grand Heritage, and Trails of Lavon.

Price per square foot in 75166 held at roughly $167 through the latest quarter — unchanged from the trailing year — but that stability sits atop a market that has surrendered nearly eight cents on the dollar in median value over the past twelve months, based on MLS data for 2026-05 closings in 75166. Sellers conceded at the negotiating table on more than nine in ten transactions this quarter, with buyers walking away from the typical deal having received modest relief. Homes spent about 72 days from list to close, and nearly seven in ten transactions settled below asking price, confirming that buyers carry meaningful leverage at the contract stage.

The supply picture in 75166 leans toward equilibrium on paper — roughly five months of inventory — but the gap between active listings and pending contracts tells a more cautious story. With pending activity representing only about a third of the active count, absorption is measured rather than brisk. New listing flow continued at a pace that maintains buyer optionality heading into summer, and the pipeline does not yet show the kind of pending surge that would signal a rapid shift in conditions.