76431 Home Values

76431 fans out from the small town of Chico into the rolling ranch land and lake coves of northwest Wise County. Older brick homes on oversized lots inside Chico proper, scattered barndominiums and manufactured homes on ten-plus-acre tracts, and a cluster of higher-end waterfront customs in gated communities like North Star Pointe and Grand Harbor.

ZIP 76431 in Wise County is flashing a split signal based on MLS data for May 2026 closings. The full-year picture shows prices roughly 9% off their year-ago level with over 17 months of supply — deeply buyer-friendly territory. Yet the most recent quarter looks meaningfully different: closings are landing well above the annual median, homes are selling at or above asking price for the first time in this cycle, and fewer than one in four recent sales settled below list — down from nearly half over the full year. Something is clearing in this zip code's price discovery.

If you're considering selling in 76431, the contrast between the 12-month trend and what's closing right now matters. The annual data looks soft, but buyers who showed up in the last 90 days paid at or above asking — meaning correctly priced listings are moving. With nearly 18 months of supply in the market, your pricing strategy is everything. Homes that sit are losing leverage fast; homes that open within the recent comp range are clearing quickly. Get a current CMA before you decide, not one based on last year's sales.