76502 Home Values

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.