76064 Home Values

Months of supply in 76064 dropped toward nine months in the latest trailing period, easing from the double-digit readings that characterized the prior several quarters — though with only nine MLS-recorded closings, that directional shift carries wide confidence intervals. Based on MLS data for 2026-06 closings in 76064, sellers gave back roughly two cents on the dollar at closing, a tighter concession posture than the twelve-month average. About four in ten completed sales landed below asking price, and the twelve-month record shows a substantial year-over-year price gain — though the thin sample limits the reliability of that trajectory.

The limited sample suggests buyer leverage in 76064 remains meaningful but may be modestly narrowing: nine months of supply still runs well above Ellis County's roughly six-month benchmark, but represents a notable retreat from the sixteen-month readings reported in prior months. Six pending contracts against 27 active listings point to a sluggish absorption pace, and new listing activity — 18 properties in the recent trailing window — continues to outpace pending activity. With fewer than a dozen closings in the quarter, a handful of additional contracts could meaningfully shift the supply picture heading into summer.

At roughly $205 per square foot, 76064 closings directionally suggest a price-per-sqft premium over Ellis County's recent benchmark near $185 — though with only six MLS-recorded sales in the trailing period, all readings warrant hedged interpretation. Those closings showed sellers giving back roughly three cents on the dollar, somewhat tighter than the county average. Two-thirds of completed sales landed below asking price, and median closed-sale duration stretched past four months. Based on MLS data for recent closings in 76064, the twelve-month record carries a 16% year-over-year price gain, though the thin transaction volume limits how reliably that trajectory holds.

With roughly 16 months of supply, 76064 carries more than double the inventory cushion seen across Ellis County — which sits near 7.8 months. Seven pending contracts against 32 active listings point to a pending-to-active ratio well below the broader market's absorption pace. New listing activity reached 19 properties in the recent trailing period against a slow-clearing active pool, suggesting near-term conditions continue to favor buyers — though the small absolute numbers mean a handful of contracts could meaningfully shift the ratio.