76088 Home Values

While Parker County's median sale price held near $448,000 in the latest quarter, 76088 pulled well clear of that mark, closing at roughly $570,000 — a premium that shows up just as clearly on a per-square-foot basis, with the zip running about $241 against the county's $210, based on MLS data for 2026-07 closings in 76088. Sellers here also gave up less ground: barely one in four closed transactions carried a concession, versus more than four in ten across Parker County broadly, even as the average concession among those deals ticked up to roughly $11,000. List-price capture in 76088 came in just under the county's rate, near 97 cents on the dollar.

On the pipeline side, 76088's imbalance versus the county is even more pronounced. The zip is carrying more than 11 months of supply against Parker County's roughly eight, and pending contracts have thinned sharply — just 23 homes under contract against 315 active listings, a far tighter absorption picture than the county's broader pending-to-active ratio. New listings continued arriving at a brisk pace relative to that shrinking pending count, suggesting the supply gap in 76088 is widening faster than in Parker County overall.

The negotiation table shifted noticeably in 76088 this quarter: the share of closed transactions that included seller concessions dropped from roughly one-in-three over the past year to about one-in-four in the most recent quarter, based on MLS data for 2026-06 closings in 76088. Yet among the deals where sellers did give ground, the average concession climbed to roughly $12,000 — up from about $10,000 over the trailing year — suggesting sellers are selective but not immune. Price per square foot moved to approximately $242, a meaningful step up from the $226 annual average, and the share of buyers closing above list nearly doubled from the annual rate. Sellers are holding at roughly 96 cents on the dollar.

The pipeline in 76088 tells a more cautious story than the closed-sale data. With roughly 11 months of supply on the active side and pending contracts numbering only about 50 against more than 300 active listings, absorption remains sluggish. New listing additions continue to outpace contract formation by a wide margin heading into summer. The one moderating signal: time-on-market for recent closings compressed by nearly two weeks compared to the trailing annual pace, suggesting the pool of motivated buyers is moving somewhat faster even as overall supply stays elevated.

76088 commands a notable price premium over Parker County broadly — median price per square foot ran roughly $33 higher than the county benchmark in the latest quarter, based on MLS data for 2026-05 closings in 76088. Median sale prices came in at roughly $558,000, well above the county's $427,000. At the negotiating table, sellers in this zip held modest ground: list-price capture hovered near 96 cents on the dollar, essentially matching the county rate, while the share of deals with concessions ran meaningfully lower than the broader Parker County market. Directionally, the data suggests 76088 attracts buyers willing to absorb a substantial location premium.

The supply picture in 76088 is notably tight relative to demand signals. With roughly a year's worth of supply on paper but only about 50 pending contracts against 300 active listings, absorption is running slowly — a pattern consistent with the broader Parker County market, where months of supply also sits above 10. New listing activity continued to outpace pending contract formation, suggesting near-term conditions will remain buyer-favorable despite the zip's above-county price level.