76126 Home Values

Closing activity in 76126 kept a brisk pace this quarter — based on MLS data for 2026-07 closings in 76126, the typical sale went from listing to contract in under four weeks, notably tighter than the six-week median posted across the trailing year. Price per square foot barely moved, holding near $199 and roughly matching the 12-month baseline, while the median sale price slipped to about $427,000. Concessions stayed a fixture of the market, present in just over half of closings and averaging close to $10,600 — a larger payout than earlier in the year — even as sellers continued collecting close to 99 cents on the dollar and closings above list price remained scarce, at roughly one in fifty.

Pending contracts in 76126 fell by roughly half from the prior period, even as new listings kept arriving at a slower but still steady clip and active inventory held near 240 homes. That widening gap between active supply and contracts in progress pushed months of supply to roughly five, keeping the market solidly in buyer-favorable territory. The retreat in pending activity, set against inventory that isn't shrinking, suggests the recent acceleration in closing times may not carry through the back half of the year without a pickup in buyer follow-through.

The negotiation gap between list and sale prices in 76126 compressed meaningfully this quarter — buyers who closed under asking price represented roughly a third of all transactions, down sharply from nearly half over the trailing year, based on MLS data for 2026-06 closings in 76126. Yet concession activity ran counter to that tightening: more than half of closings included seller concessions, averaging around $8,000. Price per square foot held near $204, modestly above the 12-month baseline, while the median sale price settled close to $450,000. Sellers captured just under 98.5 cents on the dollar — the best list-price recovery this zip has posted in the trailing year.

Active inventory in 76126 held steady at roughly 240 listings while pending contracts remained at about 80 — a three-to-one supply-to-pending ratio that keeps months of supply just under five. New listing volume has continued at a brisk pace relative to absorption, with nearly 240 new listings entering the market. That imbalance keeps conditions nominally favorable for buyers seeking selection, though the compression in under-list closings from the prior period suggests buyers are not translating that available supply into deeper discounts at the offer stage.

Homes in 76126 that closed in the trailing quarter moved through the market faster than the annual baseline suggests — median days on market fell to roughly a month, compared to over six weeks across the full trailing year, based on MLS data for 2026-05 closings in 76126. Price per square foot firmed near $204, while the median sale price held close to $453,000. Concession activity rose noticeably, with more than half of closings including seller concessions — up from roughly four in ten over the broader 12-month period. Sellers still captured close to 98 cents on the dollar at closing, indicating that while concessions grew more common, the discount per transaction remained modest.

Active listings in 76126 currently match the volume absorbed over the same stretch, with roughly 210 new listings entering the market alongside 76 pending contracts — a ratio that points toward growing supply relative to immediate demand. At about 4.6 months of supply, the market sits above the neutral threshold, giving buyers a wider selection than the closed-sale data alone might imply. The pending-to-active gap suggests near-term absorption may not accelerate without a corresponding uptick in buyer activity.