76245 Home Values

Closed sales in 76245 took markedly longer to reach the table this quarter, with median time on market stretching to roughly three and a half months, up from just under three months over the trailing year, based on MLS data for 2026-09 closings in 76245. The slower pace arrived alongside continued price gains: price per square foot held near $188, above the roughly $175 median recorded across the trailing year, even as sellers received close to 97 cents on the dollar at closing. Concessions grew rarer for the third straight month, appearing in well under one in ten sales, though the concessions that did occur averaged over $7,300, and not a single closing settled above list.

Pipeline signals point to a market still absorbing supply slowly. Pending contracts ticked up to 33, a modest rise from 28 last month, but new listings kept arriving at a faster clip, adding roughly 108 properties to a market where active inventory grew to 342 homes. Months of supply climbed to roughly seventeen and a half, still well beyond Grayson County's roughly twelve-month reading. Directionally, the gap between fresh supply and committed demand continues to widen even as pending activity firmed slightly, keeping near-term absorption timelines stretched.

Sellers in 76245 gave less ground at the closing table this quarter, based on MLS data for 2026-08 closings in 76245. Price per square foot held near $204, extending gains well above the roughly $176 median recorded over the trailing year. List-price recovery edged up to about 97 cents on the dollar, and concessions grew markedly rarer, appearing in roughly one in ten sales, down from closer to one in seven last month, even as concessions that did occur held nearly steady near $6,000. The pullback stands out against Grayson County, where sellers conceded something in well over four in ten closings, suggesting firmer footing here even as year-over-year prices remain down sharply.

Pipeline data offers a more tentative read on sellers' improving position. Months of supply eased to roughly sixteen and a half, down from nearly two years' worth over the trailing year, but that figure still runs more than four times the balanced-market threshold and well above Grayson County's twelve-month reading. Active listings held near 326 while pending contracts stayed thin at 28, and new listing activity kept arriving faster than deals were absorbed, a pipeline imbalance that keeps sellers' leverage fragile even as closed-sale terms firmed this quarter.

For the third consecutive month, price per square foot in 76245 climbed, reaching roughly $198 in the trailing quarter — a notable jump from the $168-to-$178 range recorded in the spring, based on MLS data for 2026-07 closings in 76245. Even so, the improvement hasn't fully closed sellers' negotiating gap: buyers here settled below list in roughly one in four closings, an easing from the nearly one-in-three rate logged in June, while list-price recovery held close to 96 cents on the dollar. Concessions grew rarer — appearing in roughly one in seven sales, down from one in six over the trailing year — though the concessions that did occur ran larger, averaging around $6,200.

Inventory pressure in 76245 eased only slightly this quarter: months of supply slipped to roughly 18, down from nearly two years' worth in the trailing-year window, but that figure still runs more than four times the balanced-market threshold and about 50% above Grayson County's own 12-month reading. Active listings held flat near 320 while pending contracts thinned further, and new listing activity slowed alongside them — a pipeline pattern that keeps near-term leverage squarely with buyers even as the supply overhang shows early signs of narrowing.