76050 Home Values
76050 Market Snapshot
| Active 114 listings | New 12 30 days | Closed 8 30 days | Pending 0 30 days | Supply 12.2 months | Absorption 0.9% monthly | Over List 0.7% sold above | Under List 49.7% sold below | Concessions 58.9% % of solds | Avg Concession $7,692 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
76050 Market Trends
Grandview's Acreage Appeal Meets Builder Boom
Grandview's 76050 is split between two different housing stories. In town, production builders are delivering single-story plans on compact lots, targeting the entry-level buyer priced out of closer-in DFW suburbs. Outside the subdivisions, the landscape shifts to five-, ten-, and twenty-acre tracts with barndominiums, remodeled farmhouses, and custom builds on sandy-loam soil. Grandview ISD ties both worlds together.
Roughly six in ten closings in 76050 landed under the original list price this quarter, a sign that buyers found real room to negotiate, based on MLS data for 2026-10 closings in 76050. Not a single sale closed above asking, and just over half of deals carried a seller concession averaging near $6,000, somewhat smaller than the typical credit over the past year. Price per square foot eased to roughly $198 from about $203 a month earlier, while sellers recovered a little under 96.5 cents on the dollar. With only 33 closings behind the reading, the limited sample suggests direction rather than certainty, though the softening is consistent with recent months.
Months of supply in 76050 climbed to above eleven, well beyond Johnson County's reading of roughly eight, as roughly 120 active listings sat against a single pending contract. New listings of about 63 over the quarter continued to feed an inventory base that contract activity is not drawing down. Homes that did sell took close to 59 days, noticeably slower than the prior reading and the county's pace of about 47. Directionally, the pipeline confirms that negotiating leverage is tilted toward buyers heading into the final quarter of the year.
Market Updates
Roughly six in ten closings in 76050 landed under the original list price this quarter, a sign that buyers found real room to negotiate, based on MLS data for 2026-10 closings in 76050. Not a single sale closed above asking, and just over half of deals carried a seller concession averaging near $6,000, somewhat smaller than the typical credit over the past year. Price per square foot eased to roughly $198 from about $203 a month earlier, while sellers recovered a little under 96.5 cents on the dollar. With only 33 closings behind the reading, the limited sample suggests direction rather than certainty, though the softening is consistent with recent months.
Months of supply in 76050 climbed to above eleven, well beyond Johnson County's reading of roughly eight, as roughly 120 active listings sat against a single pending contract. New listings of about 63 over the quarter continued to feed an inventory base that contract activity is not drawing down. Homes that did sell took close to 59 days, noticeably slower than the prior reading and the county's pace of about 47. Directionally, the pipeline confirms that negotiating leverage is tilted toward buyers heading into the final quarter of the year.
While Johnson County's median price per square foot held near $176 this quarter, 76050 pulled well ahead at roughly $203 — about 15% above the county figure — based on MLS data for 2026-09 closings in 76050. The zip's median sale price of roughly $367,000 ran nearly $39,000 above the county's typical closing, continuing a premium that has persisted through recent quarters. With just 44 closings behind the reading, the gap is directional rather than definitive, but sellers here also collected close to 97 cents on the dollar, matching Johnson County's pace, while homes moved a touch faster at 49 days versus 53 countywide.
The pipeline in 76050 diverges further from the county's broader pattern: pending contracts sat at zero in the latest reading, a sharp break from the flow of contracts still working through Johnson County as a whole. Months of supply, meanwhile, tracked close to the county's pace, both landing near eight months. New listing activity held roughly steady against the zip's trailing annual rate, and directionally, the data points toward a temporary lull in contract-writing rather than a broader shift in supply.
Days on market in 76050 stretched to 59 this quarter, up from roughly 55 in the prior reading, based on MLS data for 2026-07 closings in 76050. The zip logged 51 closings in the trailing quarter — a limited sample that nonetheless runs ahead of the trailing annual pace of roughly 40 per quarter. Price per square foot held flat near $186, still about seven percent above the Johnson County median, while sellers continued collecting close to 97 cents on the dollar at closing. Concession activity eased, with the typical discount falling to around $5,800 from over $8,000 the month before.
Pipeline signals point toward continued deceleration in 76050, though the limited quarterly sample warrants some caution. Pending contracts fell to just 9, thinner than the already-low count reported last month, while new listing activity slowed to roughly 55 homes for the quarter. Active inventory held near 100 properties even as pending activity contracted, meaning fewer contracts are being written against a supply base that isn't shrinking. Months of supply eased slightly to around six — still a touch below Johnson County's broader reading of roughly seven — suggesting 76050 retains a modest edge over the county pace.
The negotiation gap between list and sale prices in 76050 narrowed meaningfully this quarter — sellers recovered nearly 97.5 cents on the dollar at closing, roughly a percentage point better than the trailing annual pace, based on MLS data for 2026-06 closings in 76050. The share of transactions closing under list also pulled back, to about four in ten from nearly half over the past year, suggesting buyers found less room to push prices down at the table. Concession activity held steady: just over half of transactions included a seller concession, with the typical amount hovering near $8,300. Homes averaged about 55 days at close.
With roughly six months of supply on hand in 76050 — down sharply from more than eight months over the trailing year — the inventory overhang that defined the zip earlier has meaningfully compressed. Active listings have held near 110 homes while pending contracts sat around 20 in the latest period, a ratio that directionally suggests the market is absorbing new supply slowly. New listing flow of roughly 66 homes this quarter continued to outpace pending activity, and if that pattern holds, months of supply could tick back up heading into late summer.
76050 is closing above its Johnson County peers — price per square foot in the zip ran about $189 in recent closings, roughly ten percent above the county's trailing figure, based on MLS data for 2026-05 closings in 76050. Sellers here also recovered more of their asking price at the table, with the list-to-sale ratio landing nearly two points higher than the Johnson County benchmark. The concession rate, while above half of all transactions, ran notably below the county's six-in-ten rate, suggesting buyers in 76050 exercised somewhat less negotiating leverage than counterparts elsewhere in Johnson County. Days on market averaged around 58 at close, about ten days faster than the county pace.
The pipeline picture in 76050 diverges sharply from the county baseline: months of supply sits near seven compared to more than ten countywide, a gap that points to relatively tighter near-term conditions even as active listings have held steady. Pending contracts are thin — just around 20 against roughly 55 new listings — a ratio that bears watching as the market heads into summer. If new listing flow continues to outpace pending absorption, the supply advantage 76050 currently holds over Johnson County could narrow.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 1, 2026, 3:28 AM CDT
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