76233 Home Values

Homes that closed in 76233 this quarter took nearly a month and a half longer to sell than the trailing 12-month norm, with the median run stretching toward four and a half months — more than double the roughly eight-week pace across Grayson County. Based on MLS data for 2026-09 closings in 76233, price per square foot held essentially flat near $205, and sellers again received under 94 cents on the dollar. Concessions appeared in about one in four sales, averaging roughly $8,500. With only two dozen closings behind the reading, the widening time-to-close stands out against an otherwise steady pricing picture.

Pending contracts in 76233 held at just three, essentially unchanged from last month's already-thin count, even as new listings kept arriving at roughly three dozen for the quarter and active inventory held near 80. Months of supply sat close to ten, still deep in buyer-favorable territory. Set against the lengthening time-to-close among recent closings, the stalled pending line suggests the slower pace has yet to reverse, leaving absorption the pipeline signal to watch heading into fall.

Price per square foot in 76233 pulled back to about $205 in the trailing quarter, down sharply from the roughly $260 level that held through spring, a reversal that puts the metric almost back in line with the zip's trailing 12-month median near $202. Based on MLS data for 2026-08 closings in 76233, sellers received under 94 cents on the dollar, the softest ratio reported in recent months, while concessions ticked up to about one in four transactions. The pullback stands out against a 12-month price gain of roughly 14 percent, directionally suggesting the spring premium was compressing back toward trend.

Pending contracts in 76233 fell to just two, down from 14 a month prior, even as active listings held near 72 and new listings continued arriving at a pace close to the trailing-year average. Months of supply eased to about 9, down from the low double digits reported last quarter, a shift that reads as thinner absorption rather than genuine tightening. Set against the pullback in per-square-foot pricing, the stalled pending count suggests the recent price softening has yet to draw contracts forward, leaving near-term direction unsettled.

Price per square foot in 76233 ran roughly 59% above the Grayson County median in the most recent quarter — about $266 against the county's $167 — a gap that directionally suggests the zip anchors at a substantially different market tier than the broader county. Based on MLS data for recent closings in 76233, homes sold at the median in roughly five weeks, compared to nearly eleven weeks countywide, and sellers received close to 98 cents on the dollar — meaningfully above the county's 94-cent ratio. Concession activity was also lighter: about one in five sellers offered concessions versus more than four in ten across Grayson County. The limited sample of roughly 20 quarterly closings warrants caution, but the directional divergence from county norms is consistent across multiple metrics.

With 80 active listings against only 14 pending contracts in 76233, the ratio of available-to-under-contract homes suggests absorption has slowed heading into summer. New listing activity outpaced pending contracts by a wide margin this quarter, and months of supply remained elevated near 12 months — roughly in line with Grayson County's broader softness. The pipeline data indicates 76233 is not insulated from the countywide absorption slowdown, even as its closed-sale metrics diverge sharply from the county baseline. For a zip with thin quarterly volume, the pending-to-active ratio is the leading indicator to watch as a signal of whether current price levels can hold.