76240 Home Values

After three straight months of easing, the pace of closings in 76240 slowed again this quarter, with the median time to close stretching to roughly 74 days, up from the upper-50s mark logged in August. Based on MLS data for September 2026 closings in 76240, price per square foot held near $180, a modest step up from the trailing annual figure, while the typical closed sale settled at roughly $326,000. Closings stayed sturdy at nearly 110 for the quarter. Sellers received close to 96 cents on the dollar at closing, with just over a third of transactions carrying a concession — both little changed from last month's pace.

The slowdown in time-to-close showed up on the pipeline side as well: pending contracts in 76240 fell to roughly two dozen, a marked pullback against new listings, which kept arriving at a brisker clip — nearly 190 for the quarter. Months of supply held near twelve, keeping the zip within the same buyer-favoring range as Cooke County's own elevated pace. Active inventory stayed essentially flat versus last quarter, making the widening gap between new listings and pending contracts a more telling signal of slower absorption than the raw supply count alone.

While Cooke County's typical closed sale fetched $179 per square foot this quarter, 76240 settled lower at roughly $172 — even as the zip's median sale price of about $313,000 ran ahead of the county's roughly $305,000, pointing to a larger-footprint mix rather than stronger demand. Based on MLS data for August 2026 closings in 76240, homes took about 58 days to sell, continuing a third straight period of easing from the low-70s pace seen earlier this year, though still longer than the county's roughly 49-day median. Concessions appeared in about one in three 76240 transactions, a narrower share than Cooke County's nearly two in five, with sellers still receiving close to 97 cents on the dollar at closing.

76240 carries roughly half of Cooke County's active listing pool but converts pending contracts at a modestly faster clip — its pending-to-active ratio runs a touch higher than the county's, even as new listings arrived in similar proportion to its share of inventory. Months of supply landed at about eleven, essentially even with the county's own elevated pace, suggesting the zip isn't meaningfully outperforming or lagging the broader Cooke County pipeline despite its smaller scale.

The negotiation gap in 76240 tilted clearly toward buyers in the latest quarter: more than half of closed transactions settled below list price, with sellers conceding roughly four cents on the dollar at closing on average. Based on MLS data for May 2026 closings in 76240, price per square foot came in around $179 — directionally softer than the trailing annual average — while homes that did close spent roughly 73 days on market. The limited sample of 74 quarterly closings suggests these trends are directional rather than definitive, but the concession rate of nearly four in ten transactions with buyer-side credits points to consistent seller accommodation.

The pipeline in 76240 signals continued buyer advantage heading into summer. With roughly 16 and a half months of supply on the market — above both the four-month equilibrium threshold and Cooke County's already-elevated county-wide pace — the active listing count substantially outweighs pending contracts. New listing activity continues to replenish a market where pending volume remains thin relative to the available pool, suggesting that absorption pressure is unlikely to ease materially in the near term.