Home Values

75074 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median list price per square foot in 75074 is $96, which is lower than the Plano average of $111. The median price of homes currently listed in 75074 is $209,000 while the median price of homes that sold is $175,900.

Foreclosures will be a factor impacting home values in the next several years. In 75074 2.7 homes are foreclosed (per 10,000). This is greater than the Plano value of 1.5 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 75074 is 2.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 75074 homeowners underwater on their mortgage is 6.6%, which is higher than Plano at 5.6%.

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Relative ZHVI
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75074 Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $209,000 Median listing price
  • $175,900 Median sale price
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75074 Market Health

Data through Aug 31, 2014
  • 6.4/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 6.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes 75074
1.5 homes Plano
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
75013 $328,100 75094 $275,200 75025 $263,300
75082 $258,700 75075 $200,300 75002 $198,800
75080 $193,300 75023 $183,100 75044 $137,300

Listings & Sales

Data through Aug 31, 2014
  • $96 Median list price / sq ft
  • $88 Median sale price / sq ft
  • 17.5% Listings with price cut
27.7%
Sold below listing
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75074 Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,434 75074
    $1,855 Plano
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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