76528 Home Values
76528 Market Snapshot
| Active 59 listings | New 12 30 days | Closed 3 30 days | Pending 1 30 days | Supply 17.7 months | Absorption 3.4% monthly | Over List 3.3% sold above | Under List 40% sold below | Concessions 20% % of solds | Avg Concession $10,000 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
76528 Market Trends
Acreage Country Living Near Gatesville
Gatesville's 76528 stretches across Coryell County ranch country south of the Leon River. Five-acre homesites and multi-parcel tracts dominate. Most improved properties sit on sizable lots with cross-fencing, stock tanks, and mature oaks. Mobile homes on acreage fill the entry-price tier.
Homes that closed in 76528 this quarter took roughly four months to sell, far longer than the 70 or so days reported a month earlier and well beyond the trailing-year norm of about eleven weeks. Based on MLS data for October 2026 closings in 76528, sellers gave back roughly six cents on the dollar, six in ten sales closed below asking, and about three in ten carried a concession averaging near $4,300. Price per square foot edged up to about $166 but still sits well under the trailing-year median near $190. With only ten closings behind the reading, the slowdown is directional rather than conclusive.
New listings in 76528 climbed to about 30 this period, up from 22 a month earlier, while just two homes sat under contract against roughly 59 active listings. Months of supply stretched to nearly eighteen, up from about fifteen, as supply kept arriving faster than contracts. With the pending count this low, the pipeline directionally points to continued slow absorption into late fall, though small numbers can swing quickly in a market this thin.
Market Updates
Homes that closed in 76528 this quarter took roughly four months to sell, far longer than the 70 or so days reported a month earlier and well beyond the trailing-year norm of about eleven weeks. Based on MLS data for October 2026 closings in 76528, sellers gave back roughly six cents on the dollar, six in ten sales closed below asking, and about three in ten carried a concession averaging near $4,300. Price per square foot edged up to about $166 but still sits well under the trailing-year median near $190. With only ten closings behind the reading, the slowdown is directional rather than conclusive.
New listings in 76528 climbed to about 30 this period, up from 22 a month earlier, while just two homes sat under contract against roughly 59 active listings. Months of supply stretched to nearly eighteen, up from about fifteen, as supply kept arriving faster than contracts. With the pending count this low, the pipeline directionally points to continued slow absorption into late fall, though small numbers can swing quickly in a market this thin.
Closings in 76528 increasingly favored buyers last quarter — nearly half of the homes that sold went for less than their asking price, and sellers gave back roughly five cents on the dollar at the table, based on MLS data for September 2026 closings in 76528. Time to close stretched further too, averaging roughly 70 days, up from about 51 days in August. Price per square foot landed near $161, still running well below the trailing-year median near $189. Concession frequency edged toward one in five sales, even as the typical giveback narrowed to about $4,000. With only 11 closings behind the reading, the shift remains directional rather than conclusive.
Months of supply in 76528 nearly doubled quarter over quarter, climbing to roughly fifteen months as active listings held near 56 properties — a figure that dwarfs the two homes currently pending. New listings rose to 22 for the period, adding to the backlog rather than working it down. With so few contracts moving toward closing against such a deep pool of active inventory, the near-term absorption picture points toward buyers holding firm negotiating room well into the fall.
Price per square foot in 76528 climbed to $151 based on MLS data for August 2026 closings, marking a fourth straight quarterly gain and closing more of the gap with the trailing-year median near $186. Closed-sale volume held steady at 17 transactions, unchanged from the prior quarter, while time at market ticked up slightly to roughly 51 days after three consecutive months of compression. Sellers continued to receive essentially full asking price at closing, though the concession rate edged up to roughly one in six sales this quarter, a modest rise from last quarter's one-in-eight pace, even as the typical giveback eased to about $9,000.
The forward pipeline in 76528 tightened sharply this quarter: pending contracts fell to just one home under contract, down from roughly eight a month earlier, even as new listing activity also slowed to about 15 homes from a prior pace near 20. Active inventory stands near 47 properties, keeping months of supply just above eight, still comfortably in buyer-favorable territory. The near-vanishing pending count alongside slower new supply suggests deal flow has stalled even as available inventory remains elevated, a velocity signal worth watching heading into fall.
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.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 11, 2026, 7:29 AM CDT
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