76645 Home Values
76645 Market Snapshot
| Active 158 listings | New 22 30 days | Closed 17 30 days | Pending 7 30 days | Supply 10.1 months | Absorption 10.8% monthly | Over List 1.8% sold above | Under List 38% sold below | Concessions 37.4% % of solds | Avg Concession $7,574 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 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.
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.
Market Updates
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 Jul 1, 2026, 6:00 AM CDT · Editorial updated Jul 13, 2026, 3:08 PM CDT
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