The story of this market
The typical home in ZIP 75098 sells for about $429,784, or $192 per square foot.
Prices are down 4.4% from a year ago, which gives buyers more room to negotiate. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,182 a month.
ZIP 75098 — Wylie
The 75098 housing market is experiencing a cooling phase, with median home prices down 4.4% year-over-year to $430,000. Increased days on market and a decline in closed sales suggest a shift toward a more balanced or buyer-favored environment compared to previous years.
This ZIP is ideal for families seeking suburban living with access to quality schools and recreational amenities, as well as commuters working in the broader DFW area.
Median prices moved down 4.4% year over year.
Homes spend a median of 69 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 5.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 75098
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated school districts, including Wylie ISD, which is a primary draw for families moving to the region.
Faces severe convective storm risks typical of North Texas, including frequent hail and high wind events that pressure homeowners insurance rates, alongside localized flood risks near Lake Ray Hubbard and Lavon Lake tributaries.
The area benefits from proximity to the Dallas-Fort Worth metroplex, with ongoing residential development and infrastructure expansion supporting a growing suburban population.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00). County (Collin County, Texas) — Independent School District Ad Valorem Tax & Mandatory Homestead Exemption: All residential parcels fall into an ISD (e.g., Plano ISD at $1.03955 per $100; Allen ISD at $1.1258 per $100; Prosper ISD at $1.2141 per $100). Imposes standard Maintenance & Operations (M&O) and Interest & Sinking (I&S) rates.
Residents primarily commute by car toward the Dallas-Fort Worth employment core, with access to major highway corridors.
The area features access to Lake Ray Hubbard and Lake Lavon, along with numerous local parks, trails, and suburban shopping centers.
The rental market shows steady demand with a median rent of $2,315, reflecting a 1.76% year-over-year increase.
The local economy is driven by the broader DFW regional market, with a mix of retail, services, and professional sectors supporting the suburban population.
Parcels in this ZIP are subject to various taxing entities, including school districts like Wylie ISD and potential MUDs for utility infrastructure.
Data sourced from US Census Bureau ZCTA profiles.
A major reservoir providing boating, fishing, and recreational opportunities.
A large recreational lake serving the eastern DFW area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Governs Estates at Creekside
Maintains standard architectural standards and covenant enforcement; specific rental or pet limits are not publicly disclosed.
Governs Pheasants Creek
Governing documents bind owners to architectural standards and property maintenance expectations.
Governs The Village of Wylie
Basketball goals must be placed on the side of the home and are only permitted between May 1 and September 30 (or stored out of sight after 8:00 PM during other months). Playground equipment requires prior written approval and must not be visible from the street.
Governs McCreary Estates
Maintains active committees for pool and neighborhood safety; specific restrictions on leasing or parking are not explicitly published on the public landing site.
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.