76271 Home Values

The typical closed sale in 76271 reached settlement in about two and a half months this quarter, down from roughly three months in July and the fastest pace recorded this year, though still well behind Grayson County's typical two-month close. Based on MLS data for August 2026 closings in 76271, price per square foot held flat at $230 for a second straight month, a pause after the spring rebound. Concessions crept back up, appearing in a bit over four in ten sales at an average of roughly $11,400, reversing two months of easing. Just over half of transactions closed below asking, with sellers netting roughly ninety-five cents on the dollar across eighteen closings for the quarter.

New listing activity in 76271 surged to 40 units this quarter, nearly double last month's pace, even as pending contracts fell to just two against an active inventory that grew to 89 listings -- the widest gap between fresh supply and contracts in motion recorded this year. Months of supply climbed to nearly fifteen, further outpacing Grayson County's own elevated benchmark of about twelve. The imbalance suggests this month's quicker closings reflect a shrinking backlog working through rather than a genuine acceleration in buyer activity.

Based on MLS data for July 2026 closings in 76271, median price per square foot climbed to roughly $230, reversing a decline that had defined the two prior months. The typical sale still took a bit over three months to close, though sellers received close to ninety-five cents on the dollar. Concessions eased meaningfully: just over four in ten transactions included a seller giveback, down from nearly six in ten in June, even as the typical concession amount ticked up to around $11,000. Fewer than half of sales closed below asking price. Closings for the quarter approached twenty, a notably thicker sample than the single digits recorded earlier this year, lending more weight to the price rebound.

The pipeline in 76271 thinned further this quarter: just 6 contracts pending against 74 active listings, a ratio that lags the already elevated inventory levels carried over from earlier in the year. Months of supply nonetheless eased to roughly eleven, essentially in line with Grayson County's benchmark, as new listing activity of about two dozen units held steady rather than adding to the backlog. The limited sample suggests absorption picked up even as fewer buyers were mid-contract at any given moment -- a velocity signal worth watching alongside next quarter's closing pace.

Price per square foot in 76271 fell to roughly $208 in the most recent quarter — a decline of nearly 16% from the trailing-year average — as seller concessions accelerated sharply. Based on MLS data for June 2026 closings in 76271, nearly six in ten transactions included seller concessions, up from about three in ten over the prior twelve months, with the typical concession approaching $10,500. More than half of sales closed below ask, and sellers received roughly 94 cents on the dollar at settlement. With fewer than fifteen closings in the quarter, the sample is thin, but the directional signal aligns with a year-over-year price decline now running close to 18%.

Against 73 active listings in 76271, only 9 contracts were pending at the close of the period — a pending-to-active ratio that trails the already-elevated Grayson County average. At roughly 15 to 16 months of supply, absorption remains deeply sluggish; new listing activity of about 23 units in the quarter continued to outpace contract activity by a wide margin. Until pending volume recovers meaningfully, supply conditions offer sellers little near-term relief. The county's own pipeline carries nearly twice the relative pending activity, suggesting 76271's imbalance is a local condition layered on top of broader regional softness.