76502 Home Values
76502 Market Snapshot
| Active 31 listings | New 3 30 days | Closed 3 30 days | Pending 0 30 days | Supply 5.8 months | Absorption 16.1% monthly | Over List 0% sold above | Under List 60.3% sold below | Concessions 70.7% % of solds | Avg Concession $8,265 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
76502 Market Trends
South Temple's Steady Climb Upmarket
The 76502 corridor stretches across south Temple into the Belton ISD fringe. Subdivisions like Bella Terra, The Plains at Riverside, and Sage Meadows anchor the housing stock. Mostly single-story, three-to-four-bedroom brick homes built between the mid-2010s and early 2020s on quarter-acre lots.
Roughly three in four closings in 76502 still carried seller concessions, though the average giveback eased to near $8,800, extending a gentle retreat from the near-$10,000 level of midsummer. Based on MLS data for October 2026 closings in 76502, sellers recovered roughly ninety-seven and a half cents on the dollar, firmer than the trailing year's ninety-six, and none of the sales closed above list. Price per square foot held near $153, under the $158 trailing-year mark. With a limited sample, the data directionally suggests negotiating power is shifting only at the margins, even as homes closed in about seven weeks, well short of the year's eleven.
Just five pending contracts sit against roughly thirty active listings in 76502, a thin conversion ratio that keeps months of supply near five and three-quarters, down from about six and a half over the trailing year but still above the four-month line favoring buyers. New listings totaled eighteen over the quarter, running below the trailing-year pace, so supply is not building. Median time on market near seven weeks hints that homes drawing offers move briskly, yet the pipeline offers little to tighten conditions in the near term.
Market Updates
Roughly three in four closings in 76502 still carried seller concessions, though the average giveback eased to near $8,800, extending a gentle retreat from the near-$10,000 level of midsummer. Based on MLS data for October 2026 closings in 76502, sellers recovered roughly ninety-seven and a half cents on the dollar, firmer than the trailing year's ninety-six, and none of the sales closed above list. Price per square foot held near $153, under the $158 trailing-year mark. With a limited sample, the data directionally suggests negotiating power is shifting only at the margins, even as homes closed in about seven weeks, well short of the year's eleven.
Just five pending contracts sit against roughly thirty active listings in 76502, a thin conversion ratio that keeps months of supply near five and three-quarters, down from about six and a half over the trailing year but still above the four-month line favoring buyers. New listings totaled eighteen over the quarter, running below the trailing-year pace, so supply is not building. Median time on market near seven weeks hints that homes drawing offers move briskly, yet the pipeline offers little to tighten conditions in the near term.
A pullback in closings — eighteen sales this quarter, a sample that keeps the read directional rather than definitive — set a more subdued tone for 76502's price signals, based on MLS data for September 2026 closings in 76502. Closing times held near eight weeks, little changed from last quarter and still well below the trailing year's eleven-week norm. Price per square foot eased to roughly $153, a second straight monthly slip from the $167 trailing-year mark, with median sale price following suit to settle near $267,000. Sellers kept giving ground: nearly three in four deals included concessions, averaging near $9,100. A little over half of closings landed under list, and sellers recovered close to ninety-seven cents on the dollar.
The three-month streak of narrowing supply broke this quarter: months of supply in 76502 ticked back up to roughly five and three-quarters, reversing the gradual tightening flagged since summer. Active listings held flat near three dozen, and pending contracts stayed thin — just a handful — leaving little near-term fuel for a pickup in closings. New listings entering the pipeline roughly matched the trailing-year pace, showing no fresh push from sellers to test the market. Buyers retain room to negotiate, but the pipeline offers no clear signal of acceleration in either direction heading into fall.
Price per square foot in 76502 broke from two months of holding near $163, slipping to $157 on trailing-3mo closings — a step down from the $164 trailing-year mark, based on MLS data for August 2026 closings in 76502. Twenty-one sales closed this quarter, a modest uptick from July's eighteen, giving the read slightly firmer footing than last month's thin sample. Sellers continued to concede ground at the table: better than seven in ten deals included concessions, with average giveback holding near $9,600, little changed from last month's climb toward that level. Roughly six in ten closings landed under list, and sellers recovered about ninety-six cents on the dollar — buyers retained the edge in negotiations that closed this quarter.
Easing for a third straight month, months of supply in 76502 slipped to about five and a half — still comfortably above the four-month threshold that favors buyers, but the gap keeps narrowing. Active listings held flat near three dozen, while pending contracts fell further, to just a handful, extending the pullback flagged last month. New listings entering the pipeline slowed roughly in step with pending activity, leaving the supply overhang largely intact. Buyers retain the upper hand in 76502 for now, though the pace at which that leverage is eroding bears watching heading into fall.
A quieter quarter of closings in 76502 — eighteen recorded sales, well off the trailing year's pace of more than four dozen — adds a caveat to this read, based on MLS data for July 2026 closings in 76502. Still, the signal holds: homes that took nearly eleven weeks to close over the past year moved in about eight weeks this quarter, continuing the compression noted last month. Price per square foot held near $163, little changed from the twelve-month figure. Sellers gave back a bit more ground at the table, with concessions appearing in roughly seven of ten deals and average giveback amounts climbing toward $10,000, while median sale price eased into the high $280,000s.
New contract activity in 76502 pulled back this quarter: pending contracts arrived at roughly half the rate seen across the trailing year, even as active listings held steady near three dozen and new listings slowed to a similar degree. Months of supply eased to just under six, still deep in buyer-favorable territory but down from nearly eight over the trailing year. The pipeline suggests the recent acceleration in closing times may not carry forward — fewer contracts are entering the funnel to sustain it, even as the market continues to favor buyers on balance.
Days on market in 76502 compressed sharply in the most recent quarter — homes that took the better part of three months to reach closing over the trailing year moved in roughly seven weeks under the latest trailing-3mo read. Based on MLS data for June 2026 closings in 76502, the fifteen recorded transactions — a volume that warrants hedged interpretation — show sellers recovering nearly ninety-seven cents on the dollar, a notable improvement from the year-long average near ninety-five cents. Price per square foot held near $163, roughly flat against the prior-quarter signal, while the portion of sellers offering concessions remained around two-thirds of deals, with average concession amounts climbing to nearly $9,600. The thin sample limits confidence, but the directional shift in absorption speed is the clearest signal this quarter.
Pending contract count in 76502 stood at eleven at the close of the trailing quarter, against thirty-six active listings — a ratio that keeps supply well above four months and sustains buyer-favorable conditions. New listing activity over the same period totaled roughly twenty-five, slightly outpacing pending absorption and widening the inventory gap rather than narrowing it. The pace at which listings are moving to contract remains unhurried, consistent with a pipeline that has not yet responded to the reduction in average days-to-close seen in completed sales. Directionally, the data points toward continued buyer leverage heading into summer.
At roughly $165 per square foot, 76502 sits on the softer end of the Temple-area price range, with persistent concession activity reflecting continued buyer negotiating room. Based on MLS data for May 2026 closings in 76502, twelve recorded sales — a thin volume that limits confidence — show sellers giving back roughly four cents on the dollar at settlement. Around two-thirds of those transactions included concessions averaging near $7,400. Homes required approximately two months to move through the contract period, and the limited sample directionally suggests a year-over-year price softening in the range of 12%.
Ten months of supply in 76502 places the zip well into buyer's-market territory, with roughly three times as many active listings as pending contracts. New listings entering the pipeline at 26 over the trailing quarter have not been met with equivalent absorption — pending count at twelve suggests demand has not strengthened. Median time to contract hovering near two months reinforces a pipeline that is moving slowly, with no leading indicators pointing toward near-term tightening.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 10, 2026, 11:28 PM CDT
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