76088 Home Values

Price per square foot in 76088 ran roughly $26 above Parker County's benchmark in the latest quarter, based on MLS data for 2026-10 closings in 76088, and the median sale price of about $570,000 sat roughly a quarter above the county's $456,000. Sellers also kept more at the negotiating table: about a third of closings carried concessions, against more than four in ten countywide, though the average concession among those deals held near $12,000. Homes took a few days longer to close than the county norm, roughly 50 days versus 46. With 81 closings in the quarter, the premium reads as a durable feature of this zip rather than statistical noise.

Pipeline data shows 76088 carrying roughly 12 months of supply against about eight for Parker County as a whole, and the gap stems from contract formation rather than listing volume. Just eight homes sat under contract against more than 320 active listings, while the county logged about 150 pendings on a far larger base of nearly 3,000 listings. New listings, around 130 in the quarter, continue to outpace pendings, and the slightly slower time on market relative to the county reinforces that absorption remains the constraint heading into winter.

Time to contract in 76088 compressed sharply this quarter, with the median days on market falling to 49 — a full three weeks quicker than the trailing 12-month pace of 71 days, based on MLS data for 2026-09 closings in 76088. Pricing firmed alongside that faster pace: median price per square foot climbed to roughly $240, up from the trailing annual average near $229, while the median sale price pushed past $565,000, a meaningful step above the year's roughly $528,000 norm. Among the roughly three in ten deals that did include a seller concession, the average payout edged higher, to around $11,000 — sellers moving product quickly, but not necessarily cheaply.

The forward-looking picture complicates that quickening pace. Pending contracts in 76088 thinned to a trickle this quarter, a sharp step down from the flow of new pendings recorded over the trailing year, even as new listings kept arriving at a pace roughly in line with the annual norm. Months of supply eased slightly, to about 11 months, but with active inventory still near 330 homes and contract formation this thin, the near-term absorption trend looks far less brisk than the closed-sale data alone would suggest.

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.