76245 Home Values

Gordonville and the surrounding 76245 area sit on the Texas side of Lake Texoma. The mix runs from small lakeside cabins and manufactured homes to newer construction in Rock Creek Resort, a gated golf community. Vacant lots dominate the active listings. A few working ranches and acreage tracts round out the picture. This is recreational and rural property.

Price per square foot in 76245 edged up to roughly $168 in the most recent quarter, a modest rise against the trailing-year average of $163 — but that uptick sits against a backdrop of steep annual price erosion, based on MLS data for 2026-05 closings in 76245. The year-over-year decline exceeds one-quarter of median value, a signal that this market has been repricing substantially. Sellers received about 96 cents on the dollar at closing in the latest quarter, an improvement over the annual average but still within a market where nearly three in ten closed sales settled below list. With only 37 closings in the quarter, directional trends are present but not definitive.

Pending contracts in 76245 have pulled back sharply relative to recent norms — roughly two dozen active pending deals sit against nearly 310 listings, a ratio that directionally signals prolonged absorption timelines. New listing activity added about 93 properties over the quarter while pending volume remained thin, widening the gap between supply and committed demand. With roughly 25 months of supply on hand, the pipeline suggests near-term conditions will remain heavily tilted toward buyers. Grayson County as a whole carries about 15 months of supply, indicating that 76245 faces a notably more pronounced inventory overhang than the broader county.