76087 Home Values

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.

Price per sqft in 76087 for recent closings sits essentially in line with Parker County broadly — but the zip's median sale lands noticeably above the county midpoint, reflecting a higher-priced segment of the Parker market. Based on MLS data for 2026-06 closings in 76087, sellers are giving back roughly three and a half cents on the dollar, with about a third of transactions including concessions — a meaningfully lower concession rate than the county average. Homes spent just under two months on market at the median. The annual price trend shows a modest gain, continuing the gradual upward drift visible in prior reporting periods.

Nearly nine and a half months of supply — against a Parker County benchmark closer to eight and a half — signals that 76087 carries more relative inventory pressure than the county overall. New listings continue flowing in at a pace that outpaces pending activity, with pending contracts representing a small fraction of the active pool. Days on market as a velocity signal has tightened modestly from the trailing-year pace, suggesting demand has not eroded further, but the supply overhang remains the dominant pipeline condition heading into the near term.

Buyers hold a clear advantage in 76087 right now. Nearly twelve months of supply — with 645 active listings against roughly 60 pending — gives shoppers real room to negotiate. Homes are averaging about ten weeks on market, and close to half of all closings settle below the original asking price. Based on MLS data for April 2026 closings in 76087, the median sale is landing near $493K, roughly five percent above last year, but sellers are routinely absorbing close to $46K in concessions to get deals done. It's a market where patience costs the buyer very little.

If you're thinking about listing in 76087, pricing discipline matters more than timing right now. With nearly a year of competing supply on the market, buyers have plenty of alternatives — and they know it. Homes priced even slightly above comparable sales are sitting for months and ultimately trading lower anyway. Your best leverage is condition: move-in-ready homes in this zip are still closing near full ask, while dated properties are where the $46K concession averages are coming from. Price to the buyer's perception of value, not your cost basis.