76065 Home Values

For the third consecutive month, closings in 76065 wrapped up faster, with median time to close down to roughly six-and-a-half weeks from nearly two months earlier this year. Based on MLS data for 2026-07 closings in 76065, price per square foot held near $191, a modest step down from $194 a month earlier and roughly in line with the trailing annual average. The median sale price ticked up slightly to just under $492,000. Sellers continued conceding at a similar clip, with about six in ten transactions carrying concessions, though the average size eased to roughly $12,600. List-to-sale pricing improved, with sellers now collecting close to 97 cents on the dollar, edging past the county benchmark.

Pending contracts in 76065 fell sharply this quarter, dropping to roughly 85 from about 150 a month earlier, even as new listing volume held nearly flat near 440. That divergence, steady new supply against a thinning pending pipeline, pushed months of supply down to near five-and-a-half from roughly six. Active inventory stayed level at just over 600 listings. The pattern points to buyers moving more selectively into contract even as the shelf of available homes holds steady, a shift that tempers the acceleration in closing pace showing up in recently completed sales.

While Ellis County's median closing price sits roughly $77,000 below 76065, the gap in per-square-foot terms is more modest — about eight dollars. Based on MLS data for 2026-06 closings in 76065, the median came in near $488,000 with price per square foot holding at $194, a pattern that has been consistent through the trailing annual period. Sellers here conceded slightly less often than the county average, with roughly six in ten transactions carrying concessions averaging just under $13,000. The list-to-sale ratio landed near 96 cents on the dollar — nearly identical to the Ellis County benchmark — suggesting the premium buyers pay in 76065 reflects market positioning rather than seller leverage at the table.

The supply-demand balance in 76065 tracks closely with the broader Ellis County picture: about six months of supply in both markets, with new listing activity outpacing pending contract formation. With roughly 440 new listings entering the 76065 pipeline against 150 pending contracts over the same window, absorption remains measured. The pending-to-active ratio of approximately one contract for every four listings signals buyer selectivity at this price tier, consistent with conditions across the county.

The median days to close in 76065 dropped to 58 in the most recent quarter, down from 70 days on the trailing annual basis — a meaningful acceleration in transaction pace. Based on MLS data for 2026-05 closings in 76065, sellers received about 96 cents on the dollar, a slight improvement over the annual average, while roughly six in ten transactions included concessions averaging just under $13,000. The median sale price came in near $484,000, roughly four percent below the 12-month figure, suggesting the faster pace reflects selective pricing discipline rather than broad appreciation. Year-over-year, prices are up modestly, about two percent.

With 519 active listings against 144 pending contracts in 76065, the pending-to-active ratio signals tempered absorption — roughly one pending for every three-and-a-half active listings. New listing volume of about 380 over the trailing quarter outpaced pending contract formation by a wide margin, adding supply faster than buyers are committing. At roughly six months of supply, the pipeline places 76065 in balanced-to-buyer-favorable territory, though meaningfully tighter than the broader Ellis County market, which carries nearly eight months of supply.