76123 Home Values

The 76123 corridor stretches from the Crowley ISD pockets south of Risinger Road up through the established subdivisions flanking Chisholm Trail Parkway. You'll find early-2000s two-story traditionals alongside brand-new construction in Sycamore Landing and Tavolo Park. The rental footprint is significant -- build-to-rent communities and institutional landlords have a visible presence.

Closed transactions in zip code 76123 show homes trading at roughly $150 per square foot over the recent period, down from $155 on a trailing-year basis — a directional softening consistent with broader price moderation. Sellers received about 97 cents on the dollar, with roughly six in ten transactions carrying a concession averaging near $8,700. Nearly half of closings settled below list price, while just over 5% closed above. At 71 days on market before closing, homes are taking noticeably longer to trade than the trailing-year norm of 50 days. Based on MLS data for May 2026 closings in 76123, year-over-year values have declined roughly 1.4%.

Pipeline conditions in 76123 suggest the softening pace is not yet reversing. With 6.1 months of supply and an active-to-pending ratio of 265 to 94, more homes are sitting than moving at any given moment. New listings continue to outpace pending contracts — 222 new entries against 94 pending — pointing toward an ongoing inventory surplus. The elevated days-on-market trend reinforces this signal, suggesting buyer absorption has not yet caught up with available supply.