76048 Home Values

Granbury's 76048 fans out from the historic town square and Lake Granbury's shoreline into rolling Hood County ranchland. The housing stock splits into distinct bands: waterfront cottages, gated townhome enclaves like The Vineyards at Harbor Lakes, production-home communities, and scattered acreage tracts. D.R. Horton, NHC, Risewell, and local custom builders are all active.

Price per square foot in 76048 settled near $176 in the trailing quarter, roughly 5% below the Hood County median of $186 — a divergence that has persisted even as both markets share similar list-price performance. Based on MLS data for recent closings in 76048, sellers received about 96 cents on the dollar, nearly in line with county norms, though more than a third of transactions included a concession averaging around $8,200. Closed sales took a median 62 days, meaningfully faster than the county's 69-day pace, suggesting that correctly priced homes in 76048 move with relative efficiency despite the price gap.

With inventory in 76048 sitting above twelve months of supply at current absorption rates, the pipeline contains far more active listings than pending contracts — roughly five active for every pending sale. New listings added over the trailing quarter continued entering at a pace well ahead of demand, keeping the active count elevated. Pending activity has moderated compared to longer-term norms, which directionally suggests the near-term sold volume may tighten before it widens.