76802 Home Values

Price per square foot in 76802 crossed into the mid-160s in the most recent quarter, up roughly ten dollars from the trailing annual baseline — a directional uptick that the limited sample of about two dozen closings supports but does not yet confirm as a sustained trend. Based on MLS data for 2026-06 closings in 76802, sellers received just above asking on average, a meaningful reversal from the prior year's pattern of closing below list. The share of buyers paying under list fell to about one in five, down from nearly three in ten annually, and the concession rate edged lower. Days on market held near a month, suggesting the transactions that did close moved at a consistent pace.

The pipeline in 76802 tells a more cautious story: pending contracts have thinned sharply, with active listings outnumbering contracts under agreement by nearly four to one. Months of supply, while down from the double-digit levels of the prior year, still register near eight — well above the threshold that historically favors sellers. New listing volume added roughly 46 homes to the market in the latest quarter, keeping active supply steady. The directional data points toward continued sluggish absorption heading into summer, which may test whether the recent firming in closed-sale metrics holds.

Average concession amounts in 76802 climbed sharply in the most recent quarter, with sellers contributing roughly $10,000 at closing — well above the trailing annual average — as buyers extracted meaningful value at the table. Based on MLS data for 2026-05 closings in 76802, price per square foot rose to the low-to-mid $170s, a notable step up from the annual baseline, while the median sale price held near $270,000. With about a third of transactions involving seller concessions and buyers consistently closing below list, the negotiation dynamic in 76802 reflects a market where sellers are adjusting terms to move inventory in a supply-heavy environment.

The pipeline in 76802 shows a pronounced imbalance heading into summer: active listings outnumber pending contracts by nearly four to one, and with roughly nine to ten months of supply on hand, absorption remains sluggish. New listing volume over the trailing quarter outpaced pending activity, sustaining upward pressure on supply. The directional data — given the moderate transaction volume in this zip — suggests buyer leverage is likely to persist, though the limited sample warrants caution before drawing firm conclusions about trend direction.