76528 Home Values

For a third consecutive month, closings in 76528 moved faster — homes changed hands in roughly 49 days this quarter, down from about 71 days a month earlier and near 100 days before that. Price per square foot, based on MLS data for July 2026 closings in 76528, settled near $141, edging up from the prior quarter's roughly $135 mark but still running well below the trailing-year median near $186. Sellers received essentially full asking price at the table, and just under one in eight closings included a concession, typically in the neighborhood of $12,000. With only 17 sales behind the quarter, the reading remains directional rather than conclusive.

New listing activity in 76528 slowed markedly this quarter — about 20 homes were added to the market, down from roughly 30 a month earlier — while pending contracts held nearly steady at 8. Months of supply eased slightly to just under nine, still firmly in buyer-favorable territory. The pullback in new inventory suggests the supply glut weighing on 76528 may be leveling off, though pending activity has yet to show a corresponding pickup, keeping near-term absorption modest even as closed-sale velocity accelerates.

The negotiation gap in 76528 narrowed sharply in the most recent quarter — sellers received nearly the full asking price at closing, a meaningful recovery from the roughly four-cent discount recorded in the prior annual period. Based on MLS data for June 2026 closings in 76528, price per square foot registered near $135, up modestly from the $130 range seen in the prior quarter. The limited sample of roughly 16 closings makes these readings directional rather than definitive, but the concession rate edged lower and time on market compressed toward 71 days, suggesting the market is finding a floor after a year-over-year price decline of roughly 13%.

The velocity picture in 76528 shifted more noticeably than the closed-sale data alone suggests. Active listings held near 51 homes while pending contracts stood at just 9 — a pending-to-active ratio that leaves months of supply still elevated at roughly 9.6. New listings added 30 homes to the supply side over the trailing period, outpacing the pace of new contracts by a wide margin. Directionally, the data points toward a market where absorption is beginning to firm, but the pipeline gap between listings and pending activity remains wide enough to limit near-term price recovery.

Price per square foot in 76528 settled near $130 in the most recent three-month window, a notable step down from the roughly $197 annual median. The thin transaction base of 14 closings — based on MLS data for May 2026 closings in 76528 — means the reading is directional rather than definitive, but the trajectory is consistent with a broader annual picture showing prices down roughly 20% year-over-year. Sellers received close to 96 cents on the dollar at closing, slightly above the trailing-year average, suggesting list prices may have adjusted toward where buyers are willing to transact. About one in five sellers provided a concession, with the typical amount near $10,000.

The forward pipeline in 76528 reflects the same supply imbalance apparent in recent closings. With roughly 14 months of supply on hand and only 8 homes under contract against 64 active listings, absorption is minimal. New listings through the trailing period added 33 homes to the supply side without a commensurate rise in pending activity. Closed-sale velocity held near 100 days, and with pending counts this low, near-term absorption is unlikely to shift materially without a significant change in buyer demand.