76049 Home Values

While Hood County's price per square foot held near $192 this quarter, 76049 pulled further ahead at roughly $201 -- a gap of nearly 5%, and the third straight month of widening separation after $189 earlier in the year and $197 last month. The zip code's median sale price, near $405K, ran about a quarter above the county's roughly $325K figure, extending a pattern of 76049 commanding stronger dollar values than the surrounding market. Closings here moved slightly faster too, a median of 56 days against the county's 59, and sellers received close to 97 cents on the dollar. Based on MLS data for 2026-07 closings in 76049, concession activity ran modestly above the county's share of sales.

Pending contracts in 76049 pulled back sharply from last month's pace, a steeper contraction than what's showing up at the county level and a signal that near-term absorption here may be narrowing faster than the broader market. Even so, the zip code continues to carry less standing supply relative to demand than Hood County overall -- months of supply near seven, against about eight countywide. New listing activity held to a share of total supply roughly in line with the county's own pattern, keeping the inventory gap from widening further.

The pace of closings in 76049 accelerated meaningfully this quarter — homes that sold moved from list to contract in a median of 53 days, roughly two and a half weeks faster than the prior period's 70-day pace. Based on MLS data for 2026-06 closings in 76049, the median sale settled near $376K, with price per square foot holding at approximately $197 — a modest recovery from the $189 level that defined the prior quarter. Despite the quicker close times, the concession rate climbed: more than four in ten transactions included a seller concession, up from roughly four in ten the prior period, suggesting buyers continued extracting value even as the market moved faster. Sellers received close to 97 cents on the dollar on average.

The supply picture in 76049 shifted noticeably this quarter: months of supply contracted from roughly ten to about eight, a meaningful step toward equilibrium even if conditions remain tilted toward buyers. Active inventory held near 620 homes while pending contracts numbered roughly 143 — a conversion rate that continues to reflect selective buyer activity rather than broad demand acceleration. New listings arrived at a pace of roughly 420 this quarter, keeping supply replenishment active. The faster DOM now appearing in closed sales aligns directionally with this modest pipeline tightening, though absorption has not yet caught up with available stock.

At roughly $189 per square foot, values in 76049 have drifted below the $195 mark that defined the prior year — a widening gap at the price points this zip code commands. Based on MLS data for recent closings in 76049, the median sale settled near $371K, down from approximately $395K over the trailing twelve months. Homes that closed took a median of 70 days from list to contract, and sellers gave back nearly four cents on the dollar on average. Roughly four in ten transactions included a concession, and no closings in this period occurred above list price.

With nearly ten months of supply on hand in 76049, absorption has slowed considerably. Active inventory holds at 616 homes, while only 156 pending contracts signal a thin conversion rate relative to available stock. New listings have continued arriving at roughly 410 per quarter, replenishing supply faster than demand absorbs it. The extended time-to-contract reflected in recent closings is consistent with this pipeline picture, and directionally signals that near-term conditions are unlikely to tighten.