76059 Home Values

A pickup in closings, 34 across the latest quarter versus 26 a month earlier, gives price signals in 76059 firmer footing than recent months allowed. Based on MLS data for 2026-09 closings in 76059, homes took about two months to close, faster than August's 75-day stretch but still slower than the roughly 50-day pace of the past year. Price per square foot held near $160, about nine percent under Johnson County's $175, and the median sale price of roughly $262,000 sat nearly a fifth below the county. Concessions accompanied over nine in ten sales, averaging about $6,100, and sellers received roughly 98 cents on the dollar.

Contract activity in 76059 ticked up, with pending sales rising from four to six, though still against 48 new listings over the quarter. Active inventory eased to 64 homes, pulling months of supply to roughly five and a half from about eight in August and comfortably below Johnson County's near-eight-month reading. Shorter closing times hint at some acceleration, yet pending contracts remain a small fraction of arriving supply, so the tightening looks tentative heading into the fourth quarter.

For the second time this year, closing timelines in 76059 stretched well past the trailing norm — the median days-to-close reached 75, roughly a third longer than the 55-day pace logged across the past twelve months. Based on MLS data for 2026-08 closings in 76059, the median price per square foot held near $161, still about nine percent below Johnson County's $176 mark, while the median sale price of roughly $266,000 sat nearly a fifth under the county's figure. Concessions appeared in about eight in ten transactions, with the average package climbing to nearly $7,100 — up from roughly $6,100 the month prior — even as list-to-sale ratios held within four cents of asking. With only 26 closings, the read stays directional.

The pipeline in 76059 turned notably softer this quarter: pending contracts fell to just four, down sharply from eight the month before, even as new listings jumped to 44 — a pace that outstripped contract activity by a wide margin. Active inventory ticked up to 68 homes, pushing months of supply to roughly eight, essentially matching Johnson County's own near-eight-month reading. With new supply arriving faster than it's being absorbed, the gap between listings and pending contracts in 76059 looks poised to widen further as the market moves into fall.

Price per square foot in 76059 closed the quarter at $157, still running roughly ten percent below Johnson County's $174 benchmark — a discount that has persisted since spring. Based on MLS data for 2026-07 closings in 76059, the median sale price of just under $275,000 landed nearly a fifth below the county's median, underscoring how far the zip's price tier sits from the broader market. Sellers conceded on close to eight in ten transactions, well above the county's six-in-ten rate, averaging roughly $6,100 per deal — yet list-to-sale ratios closed within a few pennies of the county figure, suggesting concessions are absorbing the gap rather than list-price cuts. With fewer than three dozen closings, the read stays directional.

Months of supply in 76059 landed at roughly seven — essentially matching Johnson County's own seven-plus-month reading, a rare convergence for a zip that has otherwise stood out from the county on nearly every metric this year. Pending contracts thinned to just eight against 63 active listings and 34 new listings this quarter, a gap suggesting inventory is building faster than it's being absorbed. Should that imbalance persist, the zip's usual price divergence from the county has room to widen further into the fall.