75238 Home Values

Drive through 75238 and you'll see the same story block after block: solid brick ranches from the late 50s and 60s sitting on generous lots under towering pecans and live oaks. The L Streets, White Rock Valley, Lakeland Hills -- these pockets are defined by that mid-century bones-and-character DNA. Plenty of homeowners have opened up floor plans, added quartz kitchens, and modernized bathrooms while keeping the original footprint. Custom builders are dropping four-thousand-square-foot new construction on teardown lots.

Price per square foot in 75238 landed around $325 in the most recent quarter — roughly 59% above the Dallas County benchmark — establishing this zip as one of the higher-value pockets in the metro. Based on MLS data for trailing-3mo closings in 75238, homes moved to closing in a median of 11 days, a velocity that stands in sharp contrast to the 26-day pace recorded over the prior full year. Sellers gave back just over one cent on the dollar at the negotiating table, and fewer than a quarter of buyers walked away with a below-list closing — the tightest that split has run in recent history.

New listing activity in 75238 is running well ahead of pending contract volume, with fresh supply outpacing absorption by more than two to one in the current window. Active inventory has held steady while months of supply sits below four — tighter than the county-wide figure by a wide margin. That gap between new listings entering the pipeline and contracts being written will be the signal to watch: if pending activity catches up, the recent velocity in days-on-market may well persist into the next quarter.