75440 Home Values

Emory and Point anchor Rains County around Lake Fork, one of the top bass fisheries in the country, and that lake defines the housing stock. Waterfront properties range from vintage 80s lake cabins to custom-built retreats with boathouses and saltwater pools. Off the water, you will find newer construction on multi-acre tracts mixed with raw land listings.

Pricing in 75440 landed at roughly $212 per square foot over the most recent quarter, with 32 closings taking just over three months on average to move from list to settlement. Sellers gave back about three cents on the dollar on those transactions, and more than four in ten homes closed below the original asking price. Roughly one in five deals included a seller concession averaging around $7,200. Based on MLS data for 75440 closings, the trailing year shows price per square foot up nearly 20% compared to the prior period, a gain that appears to be holding in recent data.

The pipeline picture for 75440 points to sustained buyer advantage in the near term. With roughly 16 months of supply on hand and only 30 pending contracts against 170 active listings, absorption is moving slowly. The 105-day average time to contract closure directionally suggests the local market has not yet found the velocity needed to work down elevated inventory. Seventy new listings entered during the period, adding further to supply without a commensurate pickup in pending activity.