76058 Home Values

The negotiation gap in 76058 widened in the most recent quarter as homes took longer to close — averaging about two months from list to contract, up from roughly six weeks in the trailing annual window. Based on MLS data for June 2026 closings in 76058, nearly seven in ten transactions included a seller concession averaging around $11,500, a notable rise from the full-year rate of roughly six in ten. More than half of closed sales settled below list price, and the list-to-sale ratio edged down to about 95.8 cents on the dollar. Median price per square foot held near $171, with the median closed price running close to $374,000.

Pipeline conditions in 76058 reflect a market where new supply is outrunning absorption. Roughly 168 new listings entered the market in the latest three-month window against only about 59 pending contracts — a pending-to-new-listings ratio that suggests demand is not keeping pace with additions. Active inventory held steady at around 205 homes, with months of supply near five and a half, modestly tighter than Johnson County's roughly six and a half months but well within buyer-favoring territory. The imbalance between incoming listings and contracts in hand points toward continued measured absorption in the near term.

At $165 per square foot, homes that closed in 76058 came in below the Johnson County median of $171 per square foot — even as absolute sale prices ran roughly $42,000 higher — pointing to a transaction mix dominated by larger-footprint homes. Based on MLS data for closings through April 2026 in 76058, sellers gave back nearly four and a half cents on the dollar, and just under 70 percent of deals included a concession averaging around $11,000. More than half of closed sales settled below list price, while fewer than 2 percent of buyers paid above asking — a pattern consistent with a market where negotiating room has become routine.

Supply dynamics in 76058 lean tighter than the broader Johnson County picture — at roughly 6.4 months of supply against the county's 7.9 — yet pending inventory trails incoming new listings by a wide margin: roughly 70 contracts in the pipeline against over 160 new listings entering the market in the same period. The pending-to-active ratio signals absorption holding steady without accelerating. Properties moving to contract are averaging roughly two months from list to close, indicating measured rather than urgent buyer activity ahead.