76093 Home Values

A rebound in closings — 21 sales this quarter, up from 17 in July — gives price signals in 76093 more weight than they carried a month ago. Price per square foot jumped to roughly $210, a sharp reversal from the mid-$180s posted in July, based on MLS data for 2026-08 closings in 76093. The median sale price eased to roughly $185,000, pointing to a shift toward smaller homes rather than a real drop in value. Sellers also gave back less at the table — about five cents on the dollar versus nine in July — with just under half of sales closing under list, down from nearly six in ten. The shift reads as directional given the modest sample.

The pipeline in 76093 picked up pace this quarter. Pending contracts nearly doubled to 13, up from eight in July, while new listings climbed to 28 — signals of faster supply and contract activity after months of near-stagnant absorption. Months of supply eased to just over eleven, down from roughly thirteen and a half, narrowing the gap with Johnson County's reading near eight. Homes are also moving faster than the trailing-year average, though still slower than the county's typical pace. Taken together, the pipeline points toward a market gaining momentum rather than an earlier slowdown.

While Johnson County's median sale price held near $337,000 this quarter, 76093 continued to trade in a markedly lower tier, with closings landing around $194,000 -- based on MLS data for 2026-07 closings in 76093. Yet price per square foot in the zip actually outpaced the county's, near $187 against roughly $174 countywide, pointing to smaller, cheaper homes rather than a discount on space itself. Sellers here gave back close to nine cents on the dollar at closing, a wider gap than the county's roughly four cents, and nearly six in ten transactions settled below original list price. With 17 closings in the window, the divergence from county norms looks directional rather than incidental.

The pipeline in 76093 looks thin next to Johnson County's broader pace. Active listings sit at 77 against just 8 pending contracts -- a far weaker ratio than the county's, where 261 pending contracts work against roughly ten times the active pool. New listing activity of 23 this quarter has done little to change that balance. Months of supply near 13 and a half continues to run nearly double the county's reading of about seven, and homes here are taking noticeably longer to move than the county norm, suggesting the gap is unlikely to close quickly.

Homes that did close in 76093 moved noticeably faster than the annual pace — settling in roughly 50 days on average this quarter compared to about 90 days over the trailing year, and faster than Johnson County's county-wide median of around 58 days. With only 14 closings in the window, these signals carry significant uncertainty, but the direction is notable. Based on MLS data for 2026-06 closings in 76093, sellers gave back more than seven cents on the dollar at closing on average, and half of all transactions settled below original list price — a concession rate that has widened sharply from the annual baseline. Price per square foot landed near $191, trailing the full-year figure and suggesting the transactions completing now skew toward softer pricing.

The most striking pipeline signal in 76093 this quarter is not the level of supply — it is the near-absence of contract activity. With just eight pending contracts against 78 active listings, the absorption rate has effectively stalled. New listing intake has pulled back sharply from its annual run rate as well, suggesting sellers are beginning to test the market less aggressively. Months of supply remain deeply elevated — roughly 17 months, more than double Johnson County's already-stretched reading — and without a meaningful uptick in pending volume, the pace of eventual closings is unlikely to recover quickly.