76476 Home Values

Closings in 76476 continued to take longer to reach the table this quarter: median time to close stretched to roughly 288 days, up sharply from the 163-day pace over the trailing year and running far behind Hood County's roughly two-month median. Only about 46 homes closed in the period — down from the mid-50s reported last quarter — and with the sample still moderate, the data points directionally rather than definitively. Price per square foot nonetheless held firm near $209, above the $200 annual figure, while sellers collected nearly 99 cents on the dollar at closing. Based on MLS data for 2026-08 closings in 76476, valuation strength has not followed the slowdown in pace.

Pipeline activity in 76476 diverged sharply from last quarter: only about three homes sit under contract against 117 active listings, a fraction of the roughly 17 pending a month ago and among the thinnest conversion levels recorded here. New listings, at 56 for the quarter, now outpace pending contracts by nearly twenty to one — a far wider gap than the three-to-one ratio seen previously — while months of supply ticked up to roughly seven and a half, edging closer to Hood County's own reading above eight. The slowdown in contract activity suggests near-term closings could thin further before the pipeline resets.

Price per square foot in 76476 held near $211 last quarter, edging past Hood County's roughly $192 average even as the ZIP's median sale — near $230,000 — ran about a third below the county's $325,000, pointing to smaller, lower-priced homes commanding firm per-foot pricing. Based on MLS data for 2026-07 closings in 76476, the median closing stretched past eight months, far beyond the county's roughly two-month pace, yet sellers here received close to full asking price, edging out the county average. Concessions touched under three in ten of the roughly 55 closings, fewer than countywide, and virtually no sale closed above list — with the sample still limited, pricing here directionally favors firmer footing than the broader county.

Pipeline data in 76476 diverges from the broader county: months of supply near six and a half sit tighter than Hood County's roughly eight, and the share of active listings already under contract runs higher locally than countywide. With around 121 active listings against 17 pending, new listings continue to outpace signed contracts here, but that gap is proportionally narrower than the one recorded across Hood County — a directional signal that absorption in this ZIP is keeping pace somewhat better than the county overall, despite its longer time-to-contract pattern.

The median days on market in 76476 stretched to roughly 285 days in the most recent quarter — nearly five times the pace recorded in the prior period and well above Hood County's 61-day benchmark. Based on MLS data for 2026-06 closings in 76476, roughly 47 transactions closed in the trailing quarter, with the median sale landing near $210,000 and price per square foot reaching approximately $203. Sellers in this ZIP held the line on list price more firmly than the annual average, with buyers receiving less than one cent of concession per dollar at closing — though fewer than a quarter of transactions included concessions at all.

With 115 active listings and only 28 homes under contract, the pending-to-active ratio in 76476 sits well below the Hood County average, pointing to slow absorption in the current pipeline. Months of supply at roughly 7.3 — down from approximately 11 the prior period — indicates some improvement in the supply-demand balance, though the market remains firmly buyer-tilted. New listings at 60 continue to outpace pending contracts by a wide margin, suggesting homes entering the market face an extended queue before finding a buyer.