76073 Home Values

Closed sales activity slowed to 23 transactions in 76073 during the latest quarter, a step down from the roughly-25-a-quarter pace implied by the trailing year, and thin enough that the numbers here read as directional. Days on market eased to about nine weeks at closing, pulling back from last quarter's stretch but still running longer than the two-month pace logged over the trailing year. Based on MLS data for 2026-07 closings in 76073, the median sale price settled near $401,000, roughly 8 percent below the trailing-year figure of $436,000. Concessions cooled alongside it — sellers gave back closer to $7,700 on average, down from $9,000, on about a third of closings.

Pending contracts in 76073 slid to just 9 this quarter, continuing a decline from the dozen logged last quarter and well below the roughly 68 that characterized the trailing year. New listings held a steadier clip near 44, so the shrinking pending count points to softening contract activity rather than fewer homes reaching the market. Months of supply climbed to nearly 11 and a half — further above Wise County's own reading near nine and a half — reinforcing the deceleration building in the forward pipeline.

While Wise County settled near $194 per square foot over the latest quarter, closed transactions in 76073 averaged roughly $208 — a premium of about 7 percent. Based on MLS data for 2026-06 closings in 76073, the median sale came in near $405,000, well above the county figure of roughly $347,000. Sellers here also conceded less at the negotiating table: the concession rate ran about seven percentage points below Wise County's average, and the typical concession amount compressed to roughly $6,600, down from a $9,900 trailing-year figure. The limited sample of about two dozen closings makes these signals directional rather than definitive, but 76073 is holding relative value.

The pipeline in 76073 shows a market carrying more supply than it can readily absorb. About 90 active listings stand against just 12 pending contracts — a pending-to-active ratio well below Wise County's broader pace. New listing activity added roughly 46 homes over the quarter, widening the absorption gap. At roughly 10 and a half months of supply, 76073 modestly exceeds the county benchmark, suggesting the price premium observed at closing has not yet translated into meaningfully tighter supply conditions in the forward pipeline.

Days on market in 76073 stretched to roughly 10 weeks at closing in the latest quarter, a notable lengthening from the 60-day pace recorded over the prior year — a directional signal that the limited sample of 25 closings supports, though not definitively. Based on MLS data for the trailing-3-month period in 76073, the typical closed transaction settled at roughly $208 per square foot, modestly below the 12-month running rate. Sellers gave back just over three cents on the dollar at closing, and with no closings occurring above list, buyers in this zip code held the upper hand at the negotiating table. Year-over-year prices remain positive across the broader trailing window.

With only a dozen pending contracts against 85 active listings, 76073 is carrying a thin absorption pipeline against roughly 10 months of supply at the trailing pace. New listing activity added about 42 homes over the quarter while pendings contracted sharply from the year-long baseline, widening the absorption gap heading into summer. The directional data suggests softening demand conditions consistent with what Wise County is experiencing broadly, but the limited pending count warrants watching over the next 60 to 90 days before drawing strong conclusions.