76259 Home Values

While Denton County's price per square foot held near $204 this quarter, homes in 76259 closed at a median of $188 — a gap that has persisted even as the zip's typical time to close stretched to 47 days, more than half again the county's roughly one-month pace. Based on MLS data for 2026-08 closings in 76259, concessions appeared in nearly eight in ten transactions, averaging around $8,400, while about one in seven sales closed above the original list price and roughly four in ten sold below it. Sellers captured just under 98 cents of every listed dollar, essentially matching Denton County's own capture rate even as the timing gap widened.

Pending contracts in 76259 slipped further to just nine this quarter, down from 14 in July, even as new listings ticked up to 131 and active inventory grew to 178. That combination pushed months of supply above seven months — well north of Denton County's roughly six-month pace and a wider gap than last month, when the two readings had nearly converged. The pullback in pending activity relative to a still-growing active count suggests the supply imbalance separating this zip from the broader county is deepening rather than resolving.

Closings in 76259 picked up pace this quarter, with 79 completed sales — enough volume to lift confidence in the numbers beyond last month's smaller sample — closing in a median of 37 days, a shade faster than the trailing year's 39-day mark. Based on MLS data for 2026-07 closings in 76259, the median sale price settled near $339K, still below the $360K trailing-year figure but up from June's roughly $325K reading, pointing to a partial rebound from the spring dip. Price per square foot held near $193, keeping the zip about 5% under the Denton County benchmark. Concessions crept up to nearly three in four closings, averaging roughly $7,600, even as sales above list price climbed to almost one in nine.

The pipeline pulled back on both sides of the ledger this quarter: pending contracts in 76259 fell to just 14, down sharply from 34 in June, while new listings eased to 118 from roughly 147. That dual contraction left months of supply at 5.9 — a marked improvement from June's 6.8 reading and now exactly matching Denton County's pace, closing a gap that had been widening for months. With active inventory holding steady near 156, the slowdown looks more like a pause in pipeline activity than a supply buildup.

Price per square foot in 76259 is running roughly 6% below the Denton County benchmark — a divergence suggesting the zip has lagged the county's broader appreciation pace. Based on MLS data for 2026-06 closings in 76259, the median closed sale settled near $325K against the county's roughly $445K median. Properties here reached the closing table about six days faster than the county average, while concession activity ran notably higher: roughly seven in ten transactions included a seller concession, compared to fewer than six in ten countywide. The average concession ran about $7,300. Despite the elevated concession rate, the list-price capture ratio in 76259 marginally exceeded the county figure, suggesting sellers are pricing competitively upfront rather than conceding ground at negotiation.

With about 6.8 months of supply, 76259 is carrying a heavier inventory burden than Denton County's roughly six months — a gap that has widened modestly compared to last month's reading. The ratio of new listings to pending contracts remains elevated: roughly 147 new listings came to market against just 34 pending contracts in the trailing quarter, a pace that makes meaningful inventory absorption unlikely in the near term. The limited sample suggests this supply imbalance is more pronounced here than in the broader county, where the pending-to-active ratio runs considerably higher.