76230 Home Values

Closing in roughly five weeks once under contract — well down from the trailing twelve-month median of about seventeen weeks — homes in 76230 continued the faster pace first visible this spring. Based on MLS data for 2026-07 closings in 76230, that quicker pace came alongside price per square foot holding near $147, with the median sale price near $234,000 as secondary confirmation. Sellers collected close to ninety-seven cents on every asking dollar, and concessions surfaced in roughly one in four sales, a lighter ask than the nearly three in ten recorded a month earlier. With fewer than fifty closings this quarter, the moderate sample tempers how much weight that velocity signal alone can carry.

Where closed sales moved quickly, the pipeline behind them told a more complicated story. Pending contracts in 76230 fell by nearly half from last month, thinning to about fourteen, even as new listings kept arriving at a brisk pace — just over 100 added this quarter. Active inventory held essentially flat near 240 properties, pushing months of supply up to nearly fifteen, among the most stretched readings on record. That combination — a thinning pool of new contracts against a still-growing listing count — suggests the recent closing-speed gains may not carry into late summer without a pickup in buyer commitments.

Price per square foot in 76230 edged higher this quarter, settling near $145 — a directional uptick from the annual trend. Based on MLS data for 2026-06 closings in 76230, the median sale price landed near $231,000, a notable recovery from the softer levels embedded in the trailing twelve-month average. The year-over-year reading still carries roughly a nine-percent downward tilt, but recent transaction prices have pulled above that benchmark, suggesting the market may be finding firmer footing. The concession rate eased — closer to three in ten deals this quarter versus nearly one in three over the full year — and sellers recovered slightly more of their asking price at closing, though the moderate sample warrants caution in drawing firm conclusions.

The supply overhang in 76230 remains considerable, but showed its first meaningful compression in recent months: months of supply pulled back toward roughly 14, down from the stretched readings near 16 that characterized prior quarters. Active listings held near 238 while pending contracts stayed thin at around 27 — a ratio that still favors buyers, though the pace of absorption has ticked upward. New listings continued flowing in at a healthy clip, keeping overall supply elevated even as the trend line bends.

The trailing 3-month DOM of 52 days for 76230 sits dramatically below the full-year average of 123 days — a gap that directionally suggests recent closings moved meaningfully faster than the annual trend. Based on MLS data for May 2026 closings in 76230, price per square foot held near $143, while the median sale price settled around $219,000. The YoY price reading carries a roughly 10% downward tilt, reflecting a market that has been absorbing higher inventory conditions for some time. Sellers gave back about five cents on the dollar at the closing table on average over the trailing year, though recent transactions recovered some of that ground.

The supply picture in 76230 remains stretched: with roughly 16 months of supply and 221 active listings against just 25 pending contracts, buyer absorption has slowed to a crawl. New listing activity added nearly 100 homes to the pool over the past three months, while the pending count stayed thin — a ratio that suggests the pipeline is not clearing quickly. The directional signal from this imbalance points toward continued buyer advantage heading into the summer window, though the limited quarterly sample warrants caution in drawing firm conclusions.