75407 Home Values
75407 Market Snapshot
| Active 869 listings | New 231 30 days | Closed 141 30 days | Pending 11 30 days | Supply 6 months | Absorption 19% monthly | Over List 6.8% sold above | Under List 61.4% sold below | Concessions 84% % of solds | Avg Concession $9,026 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
75407 Market Trends
Princeton Keeps Building Around the Lake
Princeton's 75407 is a builder's playground right now. D.R. Horton, Trophy Signature, and Centex are all active across multiple subdivisions stretching from CR 437 east toward Lavon Lake. The housing stock skews heavily toward single-story and two-story production homes on compact lots in the 5,000 to 7,500 square-foot range, built from 2019 forward. You'll find a handful of older homes on larger acreage with no HOA, mostly west of town.
Price per square foot in 75407 settled near $156 in the most recent quarter, trailing the trailing-12-month average of $160 and extending a year-over-year price decline of roughly 10 percent — based on MLS data for 2026-05 closings in 75407. Nearly nine in ten completed sales involved seller concessions, with the average concession approaching $10,000, signaling that sellers have been absorbing meaningful closing costs to clear inventory. Homes closed at approximately 97 cents on the dollar, a slight improvement from the annual average, though more than half of closed transactions finalized below list price.
With active inventory holding near 770 homes and new listings running at roughly 200 per month against a pending count of just 156, the pipeline in 75407 points toward continued buyer leverage heading into summer. Months of supply have widened to about 6.3 — above the level that typically signals a buyer-favoring environment — and the ratio of new listings to pending contracts suggests absorption remains sluggish. The DOM trend, holding near 38 days, shows no sign of the market tightening.
Market Updates
Price per square foot in 75407 settled near $156 in the most recent quarter, trailing the trailing-12-month average of $160 and extending a year-over-year price decline of roughly 10 percent — based on MLS data for 2026-05 closings in 75407. Nearly nine in ten completed sales involved seller concessions, with the average concession approaching $10,000, signaling that sellers have been absorbing meaningful closing costs to clear inventory. Homes closed at approximately 97 cents on the dollar, a slight improvement from the annual average, though more than half of closed transactions finalized below list price.
With active inventory holding near 770 homes and new listings running at roughly 200 per month against a pending count of just 156, the pipeline in 75407 points toward continued buyer leverage heading into summer. Months of supply have widened to about 6.3 — above the level that typically signals a buyer-favoring environment — and the ratio of new listings to pending contracts suggests absorption remains sluggish. The DOM trend, holding near 38 days, shows no sign of the market tightening.
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Market data last updated Jun 1, 2026, 6:00 AM CDT · Editorial updated May 29, 2026, 7:07 PM CDT
Homes in 75407
- 1003 Longneck Rd
- 1004 N 4th St
- 1001 Weiss Ave
- 1003 1st St
- 1004 Dye Blvd
- 1004 Meadow Green Ct
- 1001 1st St
- 1001 N 6th St
- 1002 1st St
- 10026 County Road 448
- 1003 Meadow Green Ct
- 1004 1st
- 1004 Forest Meadow Ct
- 1000 Meadow Green Ct
- 100 Driftwood Cir
- 100 Prairie Creek Cir
- 100 Brown
- 100 Mckinney Ave
- 100 Woodcreek Dr
- 1000 Churchill Dr
- 1002 Forest Meadow Ct
- 1002 Meadow Green Ct
- 1000 Dye Blvd
- 1005 1st St
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