76645 Home Values
76645 Market Snapshot
| Active 196 listings | New 31 30 days | Closed 11 30 days | Pending 2 30 days | Supply 16.3 months | Absorption 1% monthly | Over List 1.9% sold above | Under List 37.5% sold below | Concessions 36.9% % of solds | Avg Concession $7,119 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
76645 Market Trends
Hillsboro Is Building Fast Along I-35
Hillsboro sits at the I-35 and I-35W split. Downtown blocks hold early-1900s Craftsman and Tudor brick homes. Head toward the country club and you find 1970s and 1980s brick ranches. New construction clusters are popping up on the edges of town. Beyond the city limits, rolling hay fields, wooded creek bottoms, and hundred-plus-acre ranch tracts.
A thinner quarter of closings, 36 versus 42 a month earlier, leaves price signals in 76645 directional at best. Based on MLS data for 2026-10 closings in 76645, price per square foot slipped to roughly $135, the lowest reading in the recent run and well under the roughly $152 of the trailing year, while the median sale price held near $245K. Homes reached the closing table in about 52 days, quicker than the trailing year's roughly 77. Just over a third of sales carried a seller concession near $6,500, sellers gave back close to four cents on the dollar, and no sale closed above list.
The contract pipeline in 76645 nearly emptied out, with just two pending deals against 196 active listings, down from seven a month earlier. New listings kept arriving at about 106, so fresh supply continues to outrun buyers moving to contract. Months of supply stretched to roughly sixteen, its deepest level in recent months, and the sharp drop in pending activity points to slower absorption in the near term rather than a pickup in momentum.
Market Updates
A thinner quarter of closings, 36 versus 42 a month earlier, leaves price signals in 76645 directional at best. Based on MLS data for 2026-10 closings in 76645, price per square foot slipped to roughly $135, the lowest reading in the recent run and well under the roughly $152 of the trailing year, while the median sale price held near $245K. Homes reached the closing table in about 52 days, quicker than the trailing year's roughly 77. Just over a third of sales carried a seller concession near $6,500, sellers gave back close to four cents on the dollar, and no sale closed above list.
The contract pipeline in 76645 nearly emptied out, with just two pending deals against 196 active listings, down from seven a month earlier. New listings kept arriving at about 106, so fresh supply continues to outrun buyers moving to contract. Months of supply stretched to roughly sixteen, its deepest level in recent months, and the sharp drop in pending activity points to slower absorption in the near term rather than a pickup in momentum.
Price per square foot in 76645 eased to roughly $139 this quarter, down from about $151 across the trailing year, even as the median sale price climbed to nearly $255K from around $237K — a sign the mix of closings, not just pricing power, is shifting. Based on MLS data for 2026-09 closings in 76645, close to two in five sales carried a seller concession, up from just under four in ten over the trailing year, though the average giveback narrowed to roughly $6,600. About a third of transactions still settled below list, and sellers gave back roughly four cents on the dollar at closing. With 42 closings in the quarter, the moderate sample points directionally rather than definitively.
Months of supply in 76645 climbed back to roughly thirteen and a half, reversing the tightening seen in the prior quarter and stretching the buyer-favorable cushion further. Active listings rose to 189, the highest mark logged this year, while pending contracts held near a multi-quarter low at just seven, barely changed from the prior period's thin pipeline. New listings also picked up to 97, outpacing the modest contract activity. Together, the widening gap between fresh supply and pending deals suggests the leverage buyers have held recently is not easing.
Closings in 76645 moved noticeably faster this quarter, wrapping up in an average of 46 days versus roughly 75 across the trailing twelve months, among the sharpest velocity shifts the zip has logged this year. Based on MLS data for 2026-08 closings in 76645, the trailing three-month window covered 48 transactions with a median price near $247K and price per square foot easing to about $146, down from $154 over the trailing year. With a moderate sample size, the shift directionally suggests buyers are moving through contracts more decisively, even as sellers gave back roughly three cents on the dollar at closing, and just under a third of sales still settled below list.
Even as closings sped up, the pipeline feeding them thinned. Pending contracts in 76645 fell to 8, down sharply from 17 the prior quarter, while active inventory ticked up to 165 and new listings held near 85 for a second straight quarter, a steady rather than accelerating pace of fresh supply. Months of supply eased slightly to about ten, still deep in buyer-favorable territory. The combination of faster closings alongside a shrinking pending count suggests the recent burst of velocity may be drawing down the existing pipeline rather than reflecting broader momentum.
Giving up less ground at the closing table, sellers in 76645 saw the share of below-list sales narrow to about a third this quarter, down from four in ten just one quarter earlier, based on MLS data for 2026-07 closings in 76645. Sales priced above list also ticked higher, more than doubling from a sliver of transactions to still-modest levels. Price per square foot held near $163, extending a climb that began earlier this year, while sellers continued giving back roughly three and a half cents on the dollar at the table — concessions largely unchanged from recent months. Forty-seven homes closed in the period, the busiest trailing quarter since spring.
Months of supply in 76645 contracted for a third straight period, falling to almost ten months from nearly twelve — still well above balanced conditions, but the gap continues to close. Active listings ticked up slightly to 158, even as new listings slowed again, extending a multi-month deceleration in fresh inventory reaching the market. Pending contracts fell to 17, down from 22 the prior quarter, a softer contract pace that complicates the picture of eroding buyer leverage suggested elsewhere — supply is tightening, but so is the rate at which buyers are moving to contract.
The pace of closings in 76645 accelerated meaningfully this quarter — homes that went under contract reached the closing table in roughly 64 days, down from about 85 days the prior period. Based on MLS data for 76645 closings, the trailing three-month window captured 39 transactions with a median near $249K and price per square foot climbing to around $161, up from the twelve-month average of $157. Sellers gave back less than four cents on the dollar at closing, and roughly four in ten transactions still settled below list — a share that held steady even as velocity improved.
The supply picture in 76645 shifted noticeably over the period. Months of supply contracted from nearly 15 to under 12, and new listings slowed to roughly 85 — down from about 98 the prior quarter — easing the rate of stock replenishment. With only 22 pending transactions against 153 active listings, absorption remains slow in absolute terms, but the direction of travel marks a departure from the heavier oversupply conditions that characterized earlier months. The narrowing gap between inflow and pending activity suggests the market may be finding a more stable, if still buyer-tilted, footing.
At roughly $147 per square foot, recent closings in 76645 directionally suggest a market where buyers have been gaining ground. Based on MLS data for closings in 76645, the limited sample of 34 transactions points toward a median near $249K — above the twelve-month figure of $234K, though the small count warrants caution. Closed sales averaged roughly 85 days, and sellers gave back approximately four and a half cents on the dollar at the closing table. Around four in ten sales carried a seller concession averaging near $8,500, and nearly half of transactions settled below the original list price.
With 14.7 months of supply and only 26 pending transactions against 167 active listings, the pipeline in 76645 leans heavily toward oversupply. New listings over the period reached 98, suggesting continued replenishment while absorption remains slow. At an 85-day close duration, velocity has not shown meaningful acceleration. The ratio of pending to active inventory directionally suggests near-term conditions are likely to remain buyer-favorable.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 12, 2026, 11:30 AM CDT
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