Denison Home Values

Denison closed 152 transactions in the trailing quarter, a volume thick enough to anchor confident price signals despite ongoing softness. Based on MLS data for 2026-07 closings in Denison, price per square foot held near $158, essentially flat from last month and still below the trailing-year average of $164, while the median sale price edged up to roughly $229K. Homes that closed took about 65 days to sell, continuing a gradual shortening from the high-60s pace seen earlier this spring. Sellers kept giving ground at the table: nearly four in ten sales carried concessions averaging just over $10,000, and about two-thirds closed below list, with sellers collecting roughly 93 cents on the dollar.

Denison's pipeline pulled in a different direction this month: pending contracts fell sharply to 34, even as new listings held near 380, a gap of more than ten new listings for every pending contract. Active inventory stayed essentially flat at 664 homes, and months of supply eased slightly to about thirteen, still deep in buyer-favorable territory. The widening gap between fresh supply and contracts in progress suggests the recent pace of closings may cool in the months ahead, even as current transaction volume remains thick.

The negotiation gap between list and sale prices in Denison widened further this quarter as seller concessions climbed to an average of roughly $10,500 — up from about $7,300 the prior quarter and nearly $2,000 above the twelve-month norm. Based on MLS data for 2026-06 closings in Denison, nearly four in ten transactions carried seller-paid concessions, and roughly six in ten sales closed below list, with the list-to-sale ratio settling near 92 cents on the dollar. Price per square foot came in around $158, below the trailing-year average of $166, while the median sale price held near $226K. Sellers are absorbing an increasing share of transaction costs to move properties in this supply-heavy market.

With 657 active listings and just 86 pending contracts in Denison, the market carries roughly fourteen months of supply — a level that has sustained buyer-favorable conditions through multiple quarters. New listing volume outpaced pending activity by more than four to one in the most recent quarter, a ratio that shows little sign of tightening. The depth of unsold inventory suggests that the elevated concession environment in Denison is unlikely to ease materially in the near term, as fresh supply continues to arrive faster than demand can absorb it.

Price per square foot in Denison landed around $157 in the most recent quarter — roughly five percent below the trailing-year average of $166, signaling that the market is finding a lower equilibrium than the annual figure suggests. Based on MLS data for recent closings in Denison, the median sale price came in near $222K, well below the twelve-month median of $246K. Homes sat on the market for about 69 days before closing, and sellers gave back roughly eight cents on the dollar at closing. Nearly four in ten transactions included seller concessions averaging around $7,300, and nearly two-thirds of sales closed below list — together pointing to a market where pricing precision matters considerably.

With roughly 600 active listings against only 77 pending contracts in Denison, the absorption rate trails Grayson County's broader pipeline by a meaningful margin. At more than fifteen months of supply, unsold inventory has accumulated well past the threshold that would signal balanced conditions. New listings continued to outpace pending activity, widening the supply overhang heading into summer. The pipeline data suggests that demand-side pressure in Denison remains softer than the county as a whole, leaving the market skewed toward buyers in the near term.