76227 Home Values

Price per square foot in 76227 slipped to roughly $175 this quarter, a step below the $177 reading a month earlier and a widening gap against Denton County's $200. Based on MLS data for October 2026 closings in 76227, the median sale price landed near $332K, about a quarter below the county's roughly $439K, and nearly six in ten buyers paid under the original list price. Concessions touched close to three in four closings, well above the county's roughly six in ten, averaging about $9,100. Sellers collected roughly 95.5 cents on the dollar, and homes took about six and a half weeks to close.

Months of supply in 76227 climbed to about seven and a third, widening the gap to Denton County's roughly six-month reading and reinforcing the buyer-side leverage visible in recent closings. Pending contracts slipped to fewer than 60 while roughly 750 new listings entered the pipeline, keeping fresh supply well ahead of contracts in progress. Active inventory near 1,200 remains far above what contracts are absorbing, and homes lingering around 45 days on market point to no near-term acceleration in buyer activity.

Nearly 550 closings in the trailing quarter gave 76227's price signals against Denton County unusual weight this time. Price per square foot settled near $177, about 12 cents below the county's roughly $202 average. Based on MLS data for September 2026 closings in 76227, the median sale price came in near $340K, close to a quarter under the county's roughly $445K figure — a spread that has persisted rather than narrowed. Concessions marked the sharper divergence: nearly three in four transactions here carried a concession, well above the county's roughly six in ten, even as the average concession eased to about $9,400. Sellers still collected close to 96 cents on the dollar at closing.

The pipeline gap between fresh supply and contracts in progress persists: 76227 logged just 63 pending contracts against 787 new listings entering the market, a ratio that has eased only modestly from last month's wider imbalance. Months of supply held near six and a half — still running ahead of Denton County's roughly 5.8-month reading, underscoring that the county-level divergence visible in recent closings extends into the pipeline as well. Active inventory eased slightly alongside the pullback in new listings, offering an early, if tentative, signal that the overhang may be leveling off rather than continuing to widen.

More than half of buyers who closed in 76227 this quarter paid below the original list price, underscoring the negotiating room that has opened up as inventory has built across the zip. Based on MLS data for August closings in 76227, the median sale price landed near $352K, roughly a tenth lower than the same period last year, while price per square foot held close to $178. Sellers still collected roughly 96 cents on the dollar at closing, but nearly seven in ten transactions carried concessions averaging about $10,300, continuing the elevated concession pattern that has held for much of the past year. Homes spent roughly six weeks under contract before closing, a touch longer than last quarter's pace.

Months of supply in 76227 climbed to roughly seven months this quarter, a level that keeps the buyer's advantage firmly in place even as active inventory held essentially flat near 1,270 listings. Pending contracts, however, thinned sharply to fewer than 50, a fraction of the roughly 890 new listings that entered the pipeline over the same window. That widening gap between fresh supply and contracts in progress suggests buyers are taking their time exercising the leverage evident in recent closings, rather than moving quickly to lock in terms.