The 75040 housing market is somewhat competitive. Homes in 75040 receive 3 offers on average and sell in around 38 days. The median sale price of a home in 75040 was $298K last month, down 3.4% since last year. The median sale price per square foot in 75040 is $186, up 1.6% since last year.
In October 2024, 75040 home prices were down 3.4% compared to last year, selling for a median price of $298K. On average, homes in 75040 sell after 38 days on the market compared to 25 days last year. There were 131 homes sold in October this year, down from 138 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$297,500
-3.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
75040, TX
$297,500
-3.4%
United States
To compare other locations to the 75040 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Texas add value to a home.
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How hot is the 75040 housing market?
75040 is somewhat competitive. Homes sell in 37 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 18 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
75040, TX
97.4%
-1.9 pt
United States
Schools in 75040
Learn about schools in the 75040 area
Elementary
Middle
High
GreatSchools Rating
10/10
Kimberlin Academy For Excel
Public • PreK-5
459
Students
10 reviews
9/10
Robert B Sewell Elementary School
Public • PreK-5
710
Students
17 reviews
8/10
Spring Creek Elementary School
Public • PreK-5
631
Students
7 reviews
7/10
John W Armstrong Elementary School
Public • PreK-5
768
Students
20 reviews
7/10
Weaver Elementary School
Public • PreK-5
459
Students
11 reviews
Only showing 5 of
16 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 75040 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 75040.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
75040 has a minor risk of flooding. 901 properties in 75040 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 75040. Flood risk is increasing slower than the national average.
16% of properties are at risk of wildfire over the next 30 years
Fire Factor
75040 has a moderate risk of wildfire. There are 3,290 properties in 75040 that have some risk of being affected by wildfire over the next 30 years. This represents 16% of all properties in 75040.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
75040 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 75040 is most at risk from hurricanes. 19,647 properties in 75040 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 91 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 95 mph.