76249 Home Values

The negotiation gap widened further in 76249 this quarter, with price per square foot settling near $187 — down from $189 over the trailing year and roughly 9% below where it stood twelve months ago in absolute terms. Based on MLS data for June 2026 closings in 76249, nearly six in ten transactions closed below the original asking price, a share that has grown from the annual average. Sellers yielded concessions on nearly three-quarters of deals, returning close to $10,000 at the table on average. Only about one in forty homes sold above list, a steep drop from the prior-year pace, underscoring the persistent advantage buyers hold at closing.

Months of supply in 76249 eased to around six from a recent peak near seven and a half — a directional shift, though the figure remains well above the four-month threshold that marks a balanced market. Active inventory held steady while new listings continued to outpace pending contracts by more than two to one, signaling that demand absorption has not yet caught up with listing activity. The pipeline points to conditions that continue to favor buyers, with supply still accumulating faster than the market can clear it heading into the second half of the year.

Nearly six in ten homes that closed in 76249 this quarter did so below asking price — a share notably higher than the broader Denton County market. Based on MLS data for May 2026 closings in 76249, price per square foot settled around $185, down from roughly $188 over the trailing year, while the median sale price retreated to approximately $330,000 — a roughly 9% decline year-over-year. Sellers absorbed concessions on nearly three-quarters of transactions, returning an average of about $9,900 at closing. The list-to-sale ratio of around 96 cents on the dollar underscores that sellers are giving ground consistently across the zip.

New listings in 76249 are outpacing pending contracts by more than two to one, a signal that supply is accumulating faster than demand can absorb it. With roughly five and a half months of supply and active inventory holding steady, the pipeline continues to favor buyers heading into summer. The gap between new listings and pending activity suggests absorption pressure is unlikely to ease in the near term, keeping conditions tilted toward buyers for the foreseeable months.