76050 Home Values

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.