76008 Home Values

The negotiation gap in 76008 tells a different story than Parker County's broader market. Based on MLS data for 2026-06 closings in 76008, price per square foot held near $206 — a slight discount to the county's roughly $211, even as the median sale cleared around $529,000, nearly $77,000 above the county median. That gap reflects larger home sizes pulling per-square-foot values down relative to absolute prices. Sellers in 76008 granted concessions on roughly half of all transactions this quarter — well above the county's four-in-ten rate — despite posting a faster median close at 52 days compared to 57 days countywide. The year-over-year value backdrop remains soft, with prices off about six percent from a year ago, consistent with the county trend.

The supply picture in 76008 diverges from Parker County in a meaningful way. At roughly six months of supply against the county's nearly nine, 76008 sits in comparatively tighter territory — though neither market has crossed into seller-favored conditions. Active listings stand near 519 homes with about 138 pending contracts, a ratio that continues to favor buyers. New listing additions of roughly 427 in the quarter are running well ahead of pending conversions, holding the supply-demand gap open. Parker County's heavier inventory load — nearly 2,900 active listings — underscores why 76008's more contained pipeline remains a relative distinction heading into Q3.

Homes in 76008 are moving noticeably faster than the trailing-year pace, based on MLS data for 2026-05 closings in 76008. The median days on market for completed sales dropped to 53 days — well below the full-year average of 64 — signaling that the market absorbed a substantial volume of transactions with less friction than the prior period. With more than 220 closings in the quarter, price signals carry real weight: the median sale landed near $518,000, against a year-over-year backdrop that has seen values retreat roughly six and a half percent. Sellers conceded on roughly half of all transactions, giving back a modest amount at closing, while just over four in ten buyers paid at or above list.

The supply picture in 76008 tells a more cautious story than the velocity of recent closings suggests. Active listings sit at roughly 470 homes against fewer than 130 pending contracts, a ratio that tilts the pipeline toward buyers heading into summer. New listing activity — nearly 380 homes added in the quarter — continues to outpace pending conversions, keeping months of supply in the mid-single digits. Parker County's broader pipeline carries even heavier supply at roughly ten and a half months, making 76008's tighter ratio a relative distinction, though the pending-to-active gap still leaves buyers with meaningful room to negotiate.