75423 Home Values
75423 Market Snapshot
| Active 100 listings | New 15 30 days | Closed 11 30 days | Pending 3 30 days | Supply 11.1 months | Absorption 17% monthly | Over List 1.1% sold above | Under List 41.8% sold below | Concessions 33% % of solds | Avg Concession $8,846 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
75423 Market Trends
Acre Lots and New Builds in Celeste
Celeste sits in the rolling farmland of Hunt County where two-lane county roads connect clusters of newer construction to old-town blocks. Most residential lots here run a full acre or more, and the building pattern is unmistakable: modern farmhouse-style homes with board-and-batten siding, covered porches front and back, and oversized workshops out behind. Scattered among the new builds you'll find legacy homesteads from the late seventies and eighties on multi-acre tracts.
Concession activity in 75423 rose sharply in the most recent quarter, with roughly half of all closings including seller concessions — a notable jump from about one-in-three over the trailing year. Based on MLS data for May 2026 closings in 75423, sellers in this zip directionally gave ground more frequently at the table even as list-price capture edged higher, suggesting concessions functioned as deal-closers rather than deep price cuts. Price per square foot landed near $204, slightly below the annual figure, while median sale prices trended above the yearly baseline. The limited sample of two dozen closings this quarter means these signals are directional, not definitive.
The pipeline in 75423 narrowed considerably in the latest quarter, with pending contracts falling to roughly 15 against 90 active listings — a supply-to-pending ratio that outpaces the broader Hunt County pace proportionally. New listing activity continued at a measured pace, adding around 53 properties against a pool of active inventory that held flat. With months of supply near eleven, the pipeline signals that absorption remains slow heading into summer, sustaining conditions where buyers retain meaningful time to negotiate. For a zip with limited transaction volume, these directional signals align with county-wide patterns.
Market Updates
Concession activity in 75423 rose sharply in the most recent quarter, with roughly half of all closings including seller concessions — a notable jump from about one-in-three over the trailing year. Based on MLS data for May 2026 closings in 75423, sellers in this zip directionally gave ground more frequently at the table even as list-price capture edged higher, suggesting concessions functioned as deal-closers rather than deep price cuts. Price per square foot landed near $204, slightly below the annual figure, while median sale prices trended above the yearly baseline. The limited sample of two dozen closings this quarter means these signals are directional, not definitive.
The pipeline in 75423 narrowed considerably in the latest quarter, with pending contracts falling to roughly 15 against 90 active listings — a supply-to-pending ratio that outpaces the broader Hunt County pace proportionally. New listing activity continued at a measured pace, adding around 53 properties against a pool of active inventory that held flat. With months of supply near eleven, the pipeline signals that absorption remains slow heading into summer, sustaining conditions where buyers retain meaningful time to negotiate. For a zip with limited transaction volume, these directional signals align with county-wide patterns.
Nearby Areas
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Market data last updated Jun 1, 2026, 6:00 AM CDT · Editorial updated May 29, 2026, 11:05 PM CDT
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