75459 Home Values

This zip straddles the Grayson-Collin county line, pulling in Howe to the north and Van Alstyne to the south, connected by Highway 75 and FM 5. Newer subdivisions like Noble Ridge and Summit Hill are filling with entry-level production homes from Starlight, K. Hovnanian, and Lennar. Outside the subdivisions, the character shifts to acre-plus parcels, older ranch houses from the 1960s through 1980s, and rural properties with barns, shops, and ag exemptions.

Price per square foot in 75459 ran about $16 below the Grayson County benchmark in the trailing three months, based on MLS data for 2026-05 closings in 75459 — a divergence that narrows the gap between median sale and county norms considerably. Sellers in this zip gave back roughly six cents on the dollar at closing, with the concession rate holding above half of all transactions. The average concession retreated from the prior annual pace, suggesting sellers are still conceding but doing so more selectively. Nearly four in ten closings came in below list, and none cleared asking price in the latest quarter, underscoring the measured negotiating environment. The limited sample of roughly three dozen closings means directional signals are reliable but not definitive.

The supply picture in 75459 diverges sharply from the broader Grayson County baseline: while the county carries roughly fifteen months of supply, 75459 sits closer to six — pointing to a meaningfully tighter active pool relative to transaction pace. With about 77 active listings against only 20 pending contracts, the absorption ratio directionally suggests buyers are moving cautiously despite the compressed supply. New listing activity outpaced pending activity by nearly three to one over the quarter, widening the funnel heading into summer and signaling that seller-side competition may intensify if demand does not accelerate.