76255 Home Values

The 76255 zip fans out across Montague County with Nocona at its center. The housing stock splits into three flavors: in-town homes from the 1950s through 1980s, waterfront and lake-view properties around Lake Nocona and Nocona Hills, and raw acreage tracts ranging from two to a hundred-plus acres.

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.