76008 Home Values

Days to close in 76008 fell for a third straight month, based on MLS data for July 2026 closings, with the median time to contract dropping to 44 days from the low-50s pace logged earlier this year. Price per square foot held essentially flat near $205, tracking a broader year-over-year drift that has stretched to nearly nine percent below last year's levels, while the median sale settled around $524,000. Sellers granted concessions on roughly half of transactions, averaging near $9,800, and just over five percent of buyers paid above list while nearly half closed below, meaning sellers gave back roughly three cents on the dollar at closing. With 273 closings this quarter, the sample size supports a confident directional read.

The forward pipeline in 76008 tells a more cautious story than closed-sale figures suggest. Pending contracts fell sharply to roughly 50, down from well over 100 earlier this year, even as new listings also pulled back to under 380 for the quarter. Months of supply eased to about five and a half, still comfortably above Parker County's roughly eight, but the pullback in pending contracts points to softening buyer follow-through rather than a tightening market. Active inventory held near 500 homes, leaving the gap between new listings and converting contracts narrowing from both sides at once.

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.