76802 Home Values

Price per square foot in 76802 climbed to the mid-$180s in the latest quarter, roughly $20 above the trailing annual level and well above last month's reading near $161. The median sale price followed, rising to about $263,000 from roughly $242,000. Based on MLS data for 2026-09 closings in 76802, sellers received a little under 98 percent of list on average, and none of the quarter's sales closed above asking. Concessions touched fewer than three in ten closings, averaging roughly $9,400. With about two dozen closings, the limited sample suggests the jump may partly reflect which homes sold rather than a broad repricing.

Pending contracts in 76802 are nearly absent, with a single home under contract against roughly 63 active listings, a gap that has persisted for months. Months of supply eased to between seven and eight from above nine last month, still firmly in buyer territory, while new listings kept arriving at about ten a month. Homes that sold took about a month to find a buyer, a steady pace. Directionally, the thin pending count suggests supply will keep building unless contract activity rebuilds.

Concessions did more of the negotiating in 76802 this quarter than the sale price did. One in three closings this quarter included a seller concession, averaging nearly $10,000 — up from roughly $7,000 across the trailing year — even as the median sale price eased to about $242,000 and price per square foot held near $161, close to the trailing annual figure of $157. Based on MLS data for 2026-08 closings in 76802, sellers still closed near full list price on average, but the share of homes fetching above asking fell to roughly one in twelve, down sharply from about one in four the prior quarter — a shift back toward buyers at the table.

The pipeline explains why sellers gave ground: active listings in 76802 held steady near the trailing annual level, but pending contracts nearly vanished, dropping to just a handful after already thinning in recent months. Months of supply climbed back above nine, reversing the previous quarter's easing and pushing further into buyer territory. New listings kept arriving at roughly their usual pace, meaning the added supply has nowhere to go without a rebound in pending activity — a backdrop that helps explain sellers' growing willingness to concede at the closing table.

Accelerating from an average pace of roughly seven closings a month over the past year, 76802 saw nearly 31 sales close in the trailing quarter alone. Based on MLS data for 2026-07 closings in 76802, price per square foot held near $162, a modest step up from the annual baseline, even as the median sale price slipped into the high $230,000s — more a shift in mix than in pricing power. Sellers continued to close near full asking price, and roughly one in four transactions closed above list, up sharply from just one in forty a year ago. Days on market held steady near a month, unaffected by the added volume.

Pending contracts in 76802 thinned again this quarter, continuing a pattern flagged in prior months, with active listings now outnumbering homes under contract by roughly eight to one. Months of supply eased from nearly ten to about six — still solidly in buyer territory — even as new listings kept arriving at a brisk pace. Read alongside this quarter's faster closing rate, the pipeline suggests the burst worked through existing contracts rather than fresh pending activity, a pace that may prove difficult to sustain without new pendings rebuilding.