76035 Home Values

At roughly $126 per square foot this quarter, 76035 continues to price nearly 28 percent under Johnson County's $174 benchmark — a gap holding steady from two months ago, based on MLS data for 2026-07 closings in 76035. Closed sales ran markedly slower than the county norm, taking nearly four months to complete against the county's roughly seven weeks. Sellers gave back more ground, collecting about 89 cents on the dollar versus 96 cents countywide, with roughly six in ten deals carrying a concession averaging over $9,000. Two in three sales closed below asking, none over. With just over two dozen transactions in the sample, the read stays directional, but the county gap holds across nearly every closed-sale metric.

The pipeline in 76035 confirms the same divergence: months of supply sit at roughly ten and a half, nearly 50 percent above Johnson County's seven-plus months, while just nine contracts are pending against 93 active listings — a thinner conversion ratio than the county's much larger pool. New listings, at 61 for the quarter, continued to outpace pending activity by a wide margin, and homes are lingering longer before finding a buyer than almost anywhere else in the county. The pipeline offers little evidence of near-term convergence.

Homes in 76035 spent roughly four months on market before closing in the most recent quarter — a pace that has stretched well beyond the broader Johnson County average of under two months. Based on MLS data for 2026-06 closings in 76035, the directional data suggests the market has decelerated noticeably: with only about two dozen transactions completing in the quarter, sellers still gave back more than a dime on the dollar at closing, and nearly seven in ten sales settled below the original list price. No sales closed over asking this period, a notable shift from the prior twelve-month pattern where a small share of transactions did.

The listing-to-contract conversion rate in 76035 points to continued sluggishness heading into the second half of the year. With roughly 115 active listings against only 16 pending contracts, new listing additions over the quarter — approaching 75 — have far outpaced contract activity, keeping supply elevated at more than thirteen months. Johnson County as a whole is absorbing inventory at roughly half that rate, underscoring how much slower the 76035 pipeline is turning over relative to surrounding markets.

Price per square foot in 76035 landed roughly 27 percent below the Johnson County benchmark in the most recent quarter — about $125 per square foot against the county's $171. Based on MLS data for the trailing three months of closings in 76035, sellers received approximately 89 cents on the dollar at closing, compared to roughly 95 cents countywide. Nearly three in four transactions closed below the original list price, and about four in ten buyers negotiated a concession averaging close to $10,000. With only two dozen closings in the quarter, these figures carry wider confidence intervals, but the directional read — that 76035 trades at a notable discount to the county — holds across the full-year data as well.

With 100 active listings against only 16 pending contracts, 76035's pipeline is running at a roughly six-to-one listing-to-contract ratio — considerably more supply-heavy than Johnson County's broader market. New listing additions outpaced contract formation by nearly four to one over the quarter, gradually widening the available supply pool. At about 12 and a half months of supply — roughly two months above the already-elevated county average — the absorption rate signals that buyers in 76035 face meaningfully less competition for available homes than in surrounding markets.