76462 Home Values

For the third consecutive quarter, closings in 76462 kept accelerating — median days on market at close fell to roughly 45, down sharply from about 117 across the trailing year and continuing the decline logged in July and August, based on MLS data for 2026-09 closings in 76462. Price per square foot climbed to roughly $249, a meaningful step up from the trailing annual mark near $234, alongside a median sale price near $523K. Sellers held onto nearly 97 cents on the dollar, and concessions surfaced in almost three in ten transactions, averaging near $14K — well above the trailing-year figure of roughly $9.7K. With just 24 closings on record, the pace reads as directional rather than definitive.

Pending contracts in 76462 collapsed to just five this quarter, down from 55 a year prior, even as active inventory held steady near 104 and new listings kept arriving at nearly 44. That imbalance leaves months of supply near 13.0, well above Parker County's broader trailing rate of about 8.3. New listings continue to outpace pending contracts by a wide margin, a pattern now stretching across multiple quarters as the zip heads into the fall shoulder season.

Price per square foot in 76462 landed near $217 this quarter, essentially matching Parker County's broader average of about $214, based on MLS data for 2026-08 closings in 76462. Median sale price ran roughly nine percent above the county's benchmark near $457K, a premium tied largely to pace — homes in the zip took close to 60 days to sell versus the county's six-week norm, continuing a decline from the mid-80-day marks logged in July but still trailing the county's faster turnover. Sellers held onto nearly 98 cents on the dollar, edging out the countywide rate, while concessions surfaced in roughly half the frequency seen across the county. With 27 closings on record, the comparison remains directional.

Months of supply in 76462 stood near 12.4 in the latest quarter, roughly half again above Parker County's broader trailing rate of about 8.1 — signaling that absorption in the zip continues to lag the wider market. Pending contracts held to just six against 112 active listings, a thin conversion pool even as new listings arrived at more than triple the paired pending count. The gap suggests that while the zip isn't uniquely oversupplied relative to its own listing base, it is absorbing inventory more slowly than Parker County overall, a pattern that has persisted across recent quarters.

Reversing a year of sluggish timelines, closings in 76462 sped up markedly this quarter — median days on market at close fell to roughly 85, down from about 121 across the trailing year, based on MLS data for 2026-07 closings in 76462. Price per square foot landed near $207, off the trailing annual mark of about $230, even as median sale price climbed to roughly $495K, a shift consistent with larger homes changing hands this quarter. Sellers held onto close to 98 cents on the dollar at closing, better than the trailing-year rate, while concessions stayed contained to roughly one in five deals. With just under 30 closings on record, the shift reads as directional rather than definitive.

While active listings in 76462 held nearly flat at just over 100, the pipeline behind them thinned considerably — pending contracts fell to a fraction of last year's pace, sitting at only eight against roughly seventy a year prior. That imbalance leaves months of supply near eleven, well above Parker County's trailing benchmark of about eight, and suggests absorption in the zip is slower than the faster closed-sale timelines alone would imply. New listings arrived at roughly the pace typical for a quarter, doing little to ease the pending-contract shortfall heading into the back half of summer.