76272 Home Values
76272 Market Snapshot
| Active 139 listings | New 11 30 days | Closed 12 30 days | Pending 3 30 days | Supply 15.4 months | Absorption 2.2% monthly | Over List 1.6% sold above | Under List 60.8% sold below | Concessions 44% % of solds | Avg Concession $17,482 seller paid |
Source: NTREIS MLS • Excludes leases • Jul 2026
76272 Market Trends
Lake Ray Roberts Keeps This Zip on the Map
The 76272 footprint covers Valley View and the Mountain Springs corridor in Cooke County, with Lake Ray Roberts acting as both a lifestyle draw and a price anchor. New construction from Riverside Homebuilders dominates the acre-lot subdivisions. Outside those communities, legacy ranch estates on ten to thirty acres with horse barns, multiple pastures, and gated entries.
Reversing two months of gains, price per square foot in 76272 pulled back to roughly $215 this quarter, based on MLS data for 2026-08 closings in 76272 — down from near $225 across the trailing year, though still above the county's $179 median. Median sale price retreated in step, settling near $460,000. The pullback came alongside a quicker close, with time on market running about ten days shorter than the trailing-year average, even as the quarter recorded only around two dozen sales, a fraction of Cooke County's 224. Sellers held close to 95 cents on the dollar, and concessions eased slightly from the year-long baseline. Given the thin volume, the faster clearing pace reads as directional, not settled.
Pending contracts in 76272 slipped further this quarter, down to just three — continuing the sharp pullback flagged last month — while new listings held near 46 and active inventory stayed flat around 139. Months of supply climbed to roughly 15, well above Cooke County's 11, widening a gap already stretched by the geo's outsized active pool relative to contracts in progress. County pending activity, by contrast, ran into the mid-30s against a far larger active count. For a market already carrying elevated supply, a pipeline running this thin behind closings points toward continued slow absorption ahead.
Market Updates
Reversing two months of gains, price per square foot in 76272 pulled back to roughly $215 this quarter, based on MLS data for 2026-08 closings in 76272 — down from near $225 across the trailing year, though still above the county's $179 median. Median sale price retreated in step, settling near $460,000. The pullback came alongside a quicker close, with time on market running about ten days shorter than the trailing-year average, even as the quarter recorded only around two dozen sales, a fraction of Cooke County's 224. Sellers held close to 95 cents on the dollar, and concessions eased slightly from the year-long baseline. Given the thin volume, the faster clearing pace reads as directional, not settled.
Pending contracts in 76272 slipped further this quarter, down to just three — continuing the sharp pullback flagged last month — while new listings held near 46 and active inventory stayed flat around 139. Months of supply climbed to roughly 15, well above Cooke County's 11, widening a gap already stretched by the geo's outsized active pool relative to contracts in progress. County pending activity, by contrast, ran into the mid-30s against a far larger active count. For a market already carrying elevated supply, a pipeline running this thin behind closings points toward continued slow absorption ahead.
Closed-sale data for 76272 points to firming prices even as transaction volume stayed thin. Price per square foot reached roughly $242 in the trailing quarter, based on MLS data for 2026-07 closings in 76272, up from near $224 across the trailing year. Median sale price followed the same climb, edging past $560,000. Time on market for completed sales held near the 100-day mark. Sellers received close to 93 cents on the dollar at closing, with about four in ten sales carrying a concession averaging roughly $12,000 — both improved from the trailing 12-month baseline. With only about two dozen closings behind the quarter, the read counts as suggestive, not definitive, but points toward per-square-foot value climbing despite low volume.
Pending contracts in 76272 fell sharply this quarter to just nine — a fraction of the roughly 98 recorded across the trailing year — even as new listings kept arriving at a pace of nearly 50. Active inventory held steady near 137 properties, tilting the pipeline heavily toward supply with little contract activity behind it. Cooke County, by comparison, saw pending contracts run far higher against its larger active pool, a healthier ratio. For a zip already carrying elevated months of supply, the pullback in pending activity points toward slower near-term absorption ahead.
The price per square foot in 76272 ran substantially above the Cooke County average in the latest trailing-period MLS data, with the limited sample of closings suggesting a meaningful premium over the broader county baseline. Sellers conceded ground at closing — receiving roughly 92 cents on the dollar on average — and about half of transactions included seller concessions, based on MLS data for recent closings in 76272. With fewer than two dozen closings in the trailing quarter, these signals carry wide confidence intervals, but the directional picture points toward a zip where higher-end properties trade at a notable premium to county norms while buyers still extract meaningful negotiating room.
The pipeline in 76272 reflects a sharp imbalance between supply and demand: active listings outnumber pending contracts by a wide margin, and months of supply runs well above the Cooke County benchmark. New listing activity has outpaced pending contracts, widening the absorption gap. While the county's broader supply picture is also elevated, the pending-to-active ratio in 76272 is considerably thinner, suggesting near-term absorption will remain slow and buyers in this zip retain meaningful leverage heading into summer.
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Market data last updated Aug 1, 2026, 6:00 AM CDT · Editorial updated Aug 2, 2026, 11:06 AM CDT
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