76462 Home Values

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.

The negotiation gap between list and sale prices in 76462 narrowed sharply in the latest quarter, with sellers receiving roughly 97 cents on the dollar at closing — up from below 95 cents over the trailing year — based on MLS data for 2026-06 closings in 76462. Price per square foot came in around $204, a meaningful step down from the annual average of $227, signaling that the market is still finding its floor even as median sale prices drifted higher quarter-over-quarter. Concession activity remained below one in five transactions, and the share of sellers offering buyer concessions fell from the trailing-year rate, though average concession amounts climbed, suggesting that the sellers who did negotiate gave more ground. With roughly 31 closings in the quarter, the directional data is indicative rather than definitive.

Pending contract activity in 76462 dropped sharply — with only a dozen homes under contract against more than 100 active listings — pointing to a near-term absorption environment that remains well above the Parker County benchmark of roughly eight and a half months of supply. New listing activity continued to pace ahead of pending contracts, adding further inventory pressure. The limited pipeline depth, with an active-to-pending ratio far wider than the county norm, suggests that buyers in 76462 retain considerable room to negotiate timing and terms heading into the third quarter.

Price per square foot in 76462 ran substantially above the Parker County average in the latest quarter, based on MLS data for trailing closings in 76462 — yet the picture carries important caveats given the limited sample of roughly two dozen transactions. Sellers in the zip achieved a notably tighter list-to-sale ratio than the county norm, giving back less than three cents on the dollar at closing compared to the broader county average. Concession activity was markedly lower than the Parker County rate, with fewer than one in four sellers offering buyer concessions. The YoY price trend reflects significant volatility, underscoring that the directional data warrants caution.

The pending-to-active ratio in 76462 signals considerably softer near-term absorption than Parker County as a whole. With active listings matching the full county footprint on a per-unit basis and only a handful of pending contracts, months of supply in the zip stretches well beyond the countywide benchmark. New listing activity has continued to outpace pending contracts, widening the supply overhang heading into summer. The limited pipeline depth suggests that the gap between 76462 and county-level absorption rates may persist through the near term.