76265 Home Values

Half of closed transactions in 76265 landed below asking price this quarter, the widest gap in recent memory and a clear signal of where negotiating leverage now sits. Based on MLS data for 2026-07 closings in 76265, price per square foot held near $144, running ahead of the trailing twelve-month baseline of $137, even as sellers gave back more ground at the table — accepting roughly 94 cents on the dollar, down from about 95 cents over the past year. Nearly a third of closings included a seller concession, up from one in five across the trailing twelve months. With only a dozen sales recorded, this quarter's signals should be read directionally rather than as a settled trend.

The pipeline in 76265 reinforces the leverage buyers are already extracting at the closing table: pending contracts have fallen to just five against 46 active listings, a ratio that leaves buyers facing little competition for available inventory. Months of supply sits near eleven and a half — comfortably above the four-month threshold that typically marks balanced conditions, though down from nearly fourteen months a year out. New listing activity is arriving at roughly the same quarterly pace as the trailing-year average, suggesting the supply cushion is holding rather than building further, but not shrinking either.

Price per square foot in 76265 slipped to roughly $114 in the most recent quarter, down from $132 across the trailing twelve-month window — a divergence that signals the market is landing meaningfully below where sellers had been pricing. Based on MLS data for 2026-06 closings in 76265, the median sale price held near $342,000, but that headline figure obscures the per-foot compression that buyers are achieving at the table. Sellers received about 95 cents on the dollar at closing, and more than a quarter of transactions closed below asking price. With no closed sales recording above list, the absence of competitive-offer pressure is shaping where the market is actually clearing — well below its own prior-year per-foot baseline.

The pipeline in 76265 remains deeply imbalanced: 54 active listings against only 7 pending contracts points to an absorption pace that keeps supply elevated well above demand. With roughly 15 months of supply, the market continues to sit in territory where motivated sellers face a long wait. New listing activity — about 29 homes over the past three months — is running at a pace that adds to an already-stretched supply side. The compressed pending count relative to the prior twelve-month baseline suggests near-term closing volume will remain thin, making any near-term price discovery signal difficult to confirm with confidence.

With only six closings recorded in the latest quarter, price signals in 76265 carry wide confidence intervals — but the MLS data for 2026-05 closings in 76265 does reveal a market where buyers are extracting meaningful discounts at the table. Sellers received roughly 93 cents on the dollar at closing, down from just over 95 cents in the trailing twelve-month baseline. A third of closed sales came in under asking. The annual picture shows a roughly six percent year-over-year price gain across the broader twelve-month window, though the thin recent sample makes it difficult to confirm whether that trajectory is holding in the current quarter.

The pipeline in 76265 tells the more striking story: pending contracts have contracted sharply, with only four active pendings against 49 homes on the market — a ratio that points to a prolonged absorption challenge. New listing activity over the past three months was a fraction of the annual pace, suggesting the market is working through a period of unusually low transaction flow. With roughly 24 and a half months of supply, the supply-demand imbalance remains among the most pronounced in the region.