76234 Home Values

Price per square foot in 76234 climbed to roughly $222 in the latest quarter — a third straight month of gains and the sharpest reading yet — while the median sale price reached nearly $483K. Based on MLS data for 2026-07 closings in 76234, homes are taking a bit longer to close, with the median time on market edging up to just under two months, even as more than 110 sales cleared during the quarter, among the busiest totals locally. Just over half of transactions settled below asking price, and sellers gave back roughly three cents on the dollar, with concessions appearing in nearly four in ten deals near $9,000. Values remain about seven percent above the prior-year period.

Pending contracts in 76234 fell to just 31 heading into the third quarter — down sharply from earlier this year — even as new listings continued arriving at nearly six times that pace, keeping the supply pipeline stretched thin relative to demand under contract. Active inventory held essentially flat near 310, and months of supply eased slightly to about eight months, still deep in buyer territory. The widening gap between new listings and pending activity suggests absorption is slowing, a shift worth watching as the pipeline moves into late summer.

Price per square foot in 76234 drifted just below $208 in the latest quarter — a modest step back from the twelve-month average — while the median sale price held near $428K. Based on MLS data for 2026-06 closings in 76234, exactly half of transactions settled below asking price, the highest share recorded over the trailing year, and sellers gave back nearly three cents on the dollar at closing on average. Concessions appeared in roughly four in ten deals, with the typical seller contribution near $9,200. Year-over-year, values remain about seven percent above the prior-year period.

With roughly nine months of supply, 76234 remains well within buyer territory as of mid-year. Active listings held steady near 320 while pending contracts numbered only about 53 — a ratio that continues to favor buyers at the negotiating table. New listing activity ran nearly four times the pace of pending formation over the quarter, keeping the pipeline weighted toward available supply. The contraction from nearly ten months of supply earlier in the year suggests conditions are slowly tightening, though not yet enough to shift the balance.

The median days on market dropped to 45 in the most recent quarter — roughly two weeks faster than the trailing-year average — signaling that homes finding buyers in 76234 are clearing the market with more speed. Based on MLS data for 2026-05 closings in 76234, the median sale price settled near $400K while price per square foot came in around $205, modestly below the twelve-month average. Half of closed transactions settled below list, and sellers gave back roughly two-and-a-half cents on the dollar on average — a slight improvement over the annual baseline. Concessions appeared in about four in ten deals, with the typical seller contribution near $9,400.

The pending-to-active ratio in 76234 tells a cautious story: with roughly 293 active listings and only 50 pending contracts, absorption is running well below the annual pace that had 239 homes under contract. Nearly 10 months of supply keeps conditions firmly in buyer territory, and new listing activity continues to outpace pending formation. Until the pending pipeline rebuilds toward prior levels, near-term pricing pressure in the zip code is likely to persist.