76205 Home Values

Closings in 76205 stretched out considerably this quarter, with the median sale taking about 68 days to reach the finish line, more than three weeks longer than September's pace and well off Denton County's roughly six-week norm. Based on MLS data for October 2026 closings in 76205, the slower timeline came with softer valuation too: price per square foot slipped to about $195, a few dollars under the county figure, even as the median sale price edged up to roughly $389,000. Sellers gave back close to five cents on the dollar across the 49 closings recorded, with nearly six in ten carrying concessions averaging around $7,900.

Pipeline signals in 76205 point to a market still struggling to convert listings into contracts. Pending contracts edged up to six from five last month, which barely dents a stockpile of roughly 119 active homes, while new listings kept arriving at about 67 a month. Months of supply eased to just over seven, down from roughly nine yet well above the four-month balance line and above Denton County's level near six. Longer days on market reinforce the velocity picture: homes are taking more time to find buyers, and a thin contract count suggests that pace carries into winter.

While Denton County's median sale price held near $445,000 this quarter, 76205 continued trading well below it — roughly $378,000, a gap of about 15% — even as price per square foot in the zip code, near $201, converged almost exactly with the county figure. Based on MLS data for September 2026 closings in 76205, the median closed sale took about 45 days, roughly ten days longer than the county's typical pace. Sellers gave back nearly four cents on the dollar across the 41 closings recorded, with just over half of transactions carrying concessions averaging roughly $8,100 and just under half closing below asking. Year-over-year prices remain down modestly, continuing a pattern seen in recent months.

Months of supply in 76205 climbed to roughly nine, well above Denton County's broader level near five and a half — a reversal from earlier this year, when the zip code's pipeline ran tighter than the county's. Pending contracts fell again, down to just five from seven the month prior, even as new listings held in the high 60s, keeping fresh supply arriving faster than contracts are being signed. Active inventory sat essentially flat near 121 homes. Set against the county's comparatively tighter pipeline, 76205's imbalance points toward buyer leverage building through the rest of the fall.

Price per square foot in 76205 climbed to roughly $194 in the latest quarter, up modestly from June's $188 mark but still trailing the Denton County median. Based on MLS data for July 2026 closings in 76205, the median closed sale took about 43 days -- the third straight month of faster closings, down from 59 days in June and 70 in May. Speed hasn't shifted leverage, though: nearly four in nine sales closed below asking, and just over six in ten carried seller concessions, averaging roughly $6,800. With a thinner trailing quarterly volume than county-wide totals, the figures point directionally toward buyers retaining room to negotiate even as homes move faster.

On the pipeline side, buyer leverage widened further: months of supply climbed to roughly seven and a third, well above the four-month mark that typically signals balanced conditions, as active listings grew to 121. Pending contracts fell to just 16, down sharply from 35 the month before, even as new listings pulled back to a slower pace of roughly 68. The combination points to inventory accumulating faster than it's being absorbed, extending the run of conditions favoring buyers heading into late summer.