76087 Home Values

Half of the homes that closed in 76087 this quarter sold below their original list price, a negotiating pattern that persisted even as price per sqft stayed anchored near $214, level with Parker County's benchmark. Based on MLS data for October 2026 closings in 76087, sellers gave back roughly three cents on the dollar, and nearly four in ten deals carried a concession averaging a little over $11K, slightly larger than last month's. Median time to close stretched to about six and a half weeks, a step slower than September. Annual price growth remains close to flat, on a base of just over 200 closings.

Supply in 76087 thinned modestly this quarter, with active inventory easing to 607 homes from 645 a month earlier, the lowest count in this year's reporting. The relief is partial: new listings still outpaced pending contracts by roughly ten to one, and months of supply held between eight and nine, in line with Parker County's broader buyer-favorable backdrop. Time to contract also drifted slower from September's pace, so the smaller inventory has not yet been matched by faster contract formation, leaving the zip's buyer leverage largely intact heading into late fall.

Time to contract in 76087 has held near six weeks for a third straight month, the fastest sustained pace this year after a stretch of steady tightening through early summer. Price per sqft landed at $217, essentially matching Parker County's $214 benchmark, based on MLS data for September 2026 closings in 76087. Concessions eased slightly to nearly four in ten transactions, pulling back for the first time after climbing two months running, though sellers still gave back roughly three cents on the dollar at closing and the average concession ran close to $11K. Annual price growth has slowed to a near standstill versus a year ago, on a base of roughly 220 closings.

Pipeline signals in 76087 offered only marginal relief this quarter. New listings continued to outpace pending contracts by roughly eight to one, a ratio essentially unchanged from the imbalance flagged last month, even as active inventory eased modestly to 645 homes. Months of supply held just under nine, keeping the zip solidly in buyer-favorable territory. The one countervailing signal is velocity: time-to-contract has held near its fastest pace of the year, a shift the pipeline has yet to translate into faster contract formation — a gap worth watching heading into fall.

Closings moved faster in 76087 this quarter, with the median time to contract easing to roughly seven weeks — a notable tightening from the pace reported in June. Price per sqft held steady near $214, in line with a Parker County benchmark of $210, while the typical sale price stretched further above the county midpoint than in recent months. Based on MLS data for July 2026 closings in 76087, sellers gave back close to three cents on the dollar, and concessions touched more than a third of transactions — a slightly larger share than last month, even as homes moved quicker. Annual prices remain running just under six percent ahead of a year ago.

The pipeline in 76087 tells a mixed story heading into late summer. New listings kept arriving faster than pending contracts could absorb them, with new pending activity running well below the pace implied by the trailing-year average even as active inventory held roughly flat near 650 homes. Months of supply eased slightly to just under nine months, still deep in buyer-favorable territory. Time-to-contract has also tightened from the trailing-year pace, but that hasn't yet translated into more pending contracts — a gap that, if it persists, points toward softer momentum ahead rather than the acceleration the faster pace would suggest.