76255 Home Values

Concessions became more common but far less costly in 76255 this quarter, breaking from the pattern of recent months. Based on MLS data for 2026-07 closings in 76255, nearly one in three sales included seller-paid concessions, up from roughly one in four over the trailing year, yet the average concession fell by more than half, to roughly $5,500. Sellers still received close to 93 cents on the dollar at closing, essentially flat against the annual figure, as the median sale price eased to roughly $209,000. Homes also closed faster, in about 88 days — a sharp reversal from last quarter's 144-day pace, though the limited sample of 29 transactions keeps that swing directional rather than definitive.

The pipeline behind 76255 thinned sharply this quarter: pending contracts fell to just 10, down from 68 over the trailing year, even as active listings held near 193. New listing activity also slowed markedly, with roughly 75 fresh listings compared to 250 annually, easing the flow of new competition onto the market. Months of supply eased to about 20, still deeply elevated but off its annual high. Faster closings — the velocity signal implied by shorter time-to-contract — suggest sellers who are getting deals done are moving with less friction, even as the broader pool of active contracts thins.

The pace of closings in 76255 slowed measurably this quarter — homes that traded hands spent roughly 144 days on market before closing, about three weeks longer than the trailing annual average. Based on MLS data for 2026-06 closings in 76255, the limited sample of roughly 29 transactions suggests the directional data points toward a market where buyers hold time as a negotiating tool. Sellers recovered a fraction of ground at the table, receiving nearly 95 cents on the dollar at close, a modest improvement from the annual figure, though nearly six in ten sales still closed under list. Concession rates climbed to roughly three in ten closings, with the average amount approaching $25,000 — well above the annual average.

With 200 active listings in 76255 and only 18 pending contracts, the ratio of supply to near-term demand has widened sharply from the annual baseline. New listing activity — roughly 81 additions this quarter — continued to outpace pending contracts by a wide margin, and months of supply remains deeply elevated at roughly 21 months. Rising days on market as a velocity signal reinforces the picture: absorption is not accelerating, and the pipeline offers little near-term relief from the oversupply condition.

The concession landscape in 76255 shifted notably in the most recent quarter — roughly one in four closings included seller-paid concessions, up from about one in five over the prior year, with the average concession amount more than doubling to nearly $34,000. Based on MLS data for 2026-05 closings in 76255, sellers received about 94 cents on the dollar at the table, a slight improvement from the trailing annual figure but still well below parity. Three in five sales closed under list. The directional data suggests sellers have been absorbing meaningful costs to move properties, though the limited sample of roughly two dozen closings warrants caution in reading too much into any single figure.

With 189 active listings against only 16 pending contracts in 76255, the ratio of supply to near-term demand signals a heavily buyer-favored pipeline. New listing activity — roughly 70 additions over the quarter — continued to outpace the pending count by a wide margin, keeping months of supply elevated at around 23 months. The depth of unsold inventory relative to contract activity suggests near-term absorption pressure is unlikely to ease. For a zip code with a limited transaction sample, the pipeline imbalance aligns directionally with Montague County's broader market conditions.