Cleburne Home Values

The negotiation gap between list and sale prices in Cleburne held steady at roughly four cents on the dollar at closing — a pattern that has persisted across multiple quarters as the market absorbs elevated supply. Price per square foot in the trailing three months landed near $161, essentially flat against the prior period and still running about six percent below the Johnson County average. Just over half of closed transactions carried seller concessions, with a typical concession near $8,000, signaling that sellers continued to offer meaningful inducements to close deals. Based on MLS data for 2026-06 closings in Cleburne, the median sale price held close to $278,000 with homes taking roughly 69 days from list to contract.

Pending contract volume in Cleburne contracted sharply — roughly 157 homes under agreement against 479 new listings entering the market over the same trailing window, a ratio that signals absorption is not keeping pace with supply. Active inventory remained elevated near 885 homes, and months of supply pulled back to about nine months from above ten in the prior period, though the market remains firmly in buyer-favorable territory. The drop in pending count — running well below the new-listing pace — points to continued softness in near-term transaction velocity heading into mid-2026.

Cleburne homes transacted in the trailing three months at roughly $160 per square foot — about 6 percent below the broader Johnson County average of $171. The median sale price landed near $275,000, reflecting a modest year-over-year decline of about 1.5 percent relative to the same period last year. Over half of transactions in this market included seller concessions, with the typical concession running around $8,000 per deal. Sellers surrendered roughly four to five cents on the dollar at closing, and homes that recorded took approximately 70 days from list to close. Based on MLS data for May 2026 closings in Cleburne.

Active inventory in Cleburne sits at 895 homes, with only 200 pending contracts against 489 new listings that entered the market over the same trailing period — a pending-to-new-listing ratio that signals continued absorption pressure. At 10.4 months of supply, Cleburne carries materially more inventory relative to demand than the broader Johnson County market, which ran at 7.9 months over the same window. That supply-demand gap points to a local imbalance running deeper than county-level figures would suggest.