76058 Home Values

Homes that closed in 76058 took noticeably longer to reach the settlement table this quarter, with median days on market climbing to eight weeks, reversing the modest quickening reported last month even as the geo logged 105 closings, its strongest volume in recent memory. Based on MLS data for August 2026 closings in 76058, sellers received roughly 95 cents on the dollar, a shade below July's figure, while price per square foot held near $173, tracking a roughly 7 percent gain over the past year. Concessions remained common, with nearly seven in ten deals including a give-back averaging about $10,800, and just over half of transactions settled under list.

Pipeline signals in 76058 point to demand lagging well behind supply: pending contracts numbered only a handful against roughly 170 new listings entering the market and 242 homes still active, an imbalance sharper than the thinning trend flagged last month. Months of supply crept up to just under seven, keeping the geo in buyer-favoring territory. With absorption running this thin against a steady flow of new listings, the slowdown in time-to-close looks more likely to persist into early fall than to reverse.

Sellers in 76058 extended concessions well beyond the Johnson County norm this quarter, with roughly seven in ten closed transactions including a give-back for a third consecutive month — versus roughly six in ten county-wide. Based on MLS data for July 2026 closings in 76058, sellers received about 96 cents on the dollar, in line with the broader county figure, while median price per square foot came in at $169, modestly below the county's $174. Just over half of closings settled under list, and days on market eased to under seven weeks, a modest quickening from the prior quarter.

While Johnson County carried roughly seven months of supply this quarter, 76058 ran tighter at about six — the third straight month the gap has favored sellers here more than county-wide. Pending contracts thinned sharply to a small fraction of the roughly 170 new listings entering the market, a steeper imbalance than the county's pending-to-new-listings pattern. Active inventory held near 220 homes. The combination suggests contract activity is lagging listing volume more severely here than across the county as a whole, a gap worth watching into the fall.

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.