76205 Home Values

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.

Homes in 76205 moved faster through the closing process this quarter — median days on market dropped to roughly 59, down from the 70-day pace recorded in May. Based on MLS data for June 2026 closings in 76205, that velocity improvement didn't translate into pricing gains: sellers still gave back roughly four cents on the dollar, with nearly four in nine transactions closing below the asking price. About two thirds of the 54 closed sales included seller concessions averaging around $6,500 — a step down from last month's concession levels. At roughly $188 per square foot, values remain essentially flat on a year-over-year basis.

Pending contracts in 76205 slipped to 35 against 104 active listings, a pending-to-active ratio that signals continued buyer selectivity rather than urgency. With roughly 83 new listings entering the market last month and pending volume declining, the supply pipeline is not tightening. At just under six months of supply, conditions remain closer to balance than a pronounced buyer's advantage, but the widening gap between new listings and contracts under agreement suggests absorption is decelerating heading into mid-summer.

At roughly $189 per square foot, 76205 is trading slightly below the Denton County median — a gap that directionally suggests the zip code has seen a bit more softening pressure than the broader market. Based on MLS data for May 2026 closings in 76205, the median closed transaction took 70 days, a considerably slower pace than the trailing twelve-month baseline. Sellers gave back roughly four cents on the dollar, with nearly half of the 57 sales recorded closing below asking price. Seven in ten transactions carried seller concessions averaging around $7,600, and year-over-year values edged fractionally lower.

With 112 active listings against just 43 pending contracts in 76205, the pending-to-active ratio points to a measured absorption pace. At roughly 5.9 months of supply — slightly tighter than the Denton County level — the pipeline leans toward balance rather than a pronounced buyer advantage. New listings have been entering at a rate that has kept inventory broadly steady rather than building. The extended days-on-market pace visible in recent closed sales directionally suggests homes are spending more time in the active column before going under contract.