Cross Roads Home Values

Price per square foot in Cross Roads climbed to roughly $204 this quarter, edging past Denton County's median for the first time in months after trailing it through most of the year. Median sale prices held near $388,000, still well below the county's roughly $445,000 mark. Based on MLS data for 2026-09 closings in Cross Roads, sellers received close to 96 cents on the dollar at closing, with just under half of transactions closing below asking price. Concessions showed up in a bit under half of sales, ticking up from last quarter's share, and the average concession grew to a little over $11,000, up from roughly $9,700 across the trailing year. Days on market eased slightly into the upper thirties.

The inventory overhang that gave Cross Roads buyers outsized leverage for much of the year has narrowed sharply: months of supply fell to roughly six, nearly matching Denton County's pace after running close to double it as recently as last quarter. Active listings held near 67, while pending contracts ticked up to four and new listings slowed to 38, the lightest pace since spring. The narrowing gap suggests the negotiating room buyers have enjoyed here may be starting to compress toward county-typical conditions.

Price per square foot in Cross Roads held within a few dollars of the Denton County median this quarter — roughly $200 against the county's $204 — even as median sale prices told a different story, landing near $394,000, about 13 percent below the county's roughly $452,000 mark. Based on MLS data for 2026-08 closings in Cross Roads, sellers received close to 97 cents on the dollar at closing, essentially matching the county rate, but concessions appeared in only about four in ten sales here versus nearly six in ten across Denton County. Homes also lingered slightly longer, days on market running a few days past the county's pace, continuing a gap that has held for most of the year.

Cross Roads carried roughly ten months of supply against Denton County's six this quarter, a gap of nearly double that has persisted through the year's back half. Pending contracts numbered just three against 78 active listings, an absorption pace far behind the county's broader pipeline. New listings kept arriving at a steady clip of about 48, only a modest pull back from last month's brisk pace, suggesting the supply overhang here is unlikely to narrow toward county norms without a corresponding pickup in signed contracts.

A surge in closings — 22 in the latest quarter, up from roughly sixteen the month before — gives Cross Roads' price data more weight than the thin readings of recent months. Based on MLS data for 2026-07 closings in Cross Roads, price per square foot climbed to roughly $198, narrowing much of the gap that had separated the city from Denton County's typical $203 reading, while median sale prices moved into the mid-$330,000s. Sellers gained ground too: fewer than half of transactions still carried concessions, a pullback from earlier in the year, and list-to-sale ratios crept toward 97 cents on the dollar. The improvement reads as directional rather than definitive, but marks a shift from last month's wider county gap.

The pipeline tells a more cautious story than closed sales suggest. Pending contracts fell to just four, down from nine a month earlier, even as active listings held near 74 and new listings kept arriving at a brisk pace of 53 for the quarter. Months of supply eased to roughly ten, still nearly double Denton County's six-month pace, meaning the recent burst of closings has not yet translated into a comparable pickup in contracts working toward settlement. The pullback in pending activity suggests this quarter's closing surge may not carry into the next without a corresponding rise in signed contracts.