76233 Home Values

Collinsville sits in the path of North Dallas sprawl. You will find a handful of 1960s-era starter homes near the school, a cluster of newer Patterson Premier builds with quartz finishes on three-quarter-acre sites, and then the real draw: five-to-twenty-acre estate parcels with custom homes, horse barns, and pipe-fenced pastures. Duplexes and rental inventory are thin.

Price per square foot in 76233 ran roughly 59% above the Grayson County median in the most recent quarter — about $266 against the county's $167 — a gap that directionally suggests the zip anchors at a substantially different market tier than the broader county. Based on MLS data for recent closings in 76233, homes sold at the median in roughly five weeks, compared to nearly eleven weeks countywide, and sellers received close to 98 cents on the dollar — meaningfully above the county's 94-cent ratio. Concession activity was also lighter: about one in five sellers offered concessions versus more than four in ten across Grayson County. The limited sample of roughly 20 quarterly closings warrants caution, but the directional divergence from county norms is consistent across multiple metrics.

With 80 active listings against only 14 pending contracts in 76233, the ratio of available-to-under-contract homes suggests absorption has slowed heading into summer. New listing activity outpaced pending contracts by a wide margin this quarter, and months of supply remained elevated near 12 months — roughly in line with Grayson County's broader softness. The pipeline data indicates 76233 is not insulated from the countywide absorption slowdown, even as its closed-sale metrics diverge sharply from the county baseline. For a zip with thin quarterly volume, the pending-to-active ratio is the leading indicator to watch as a signal of whether current price levels can hold.