Godley Home Values

Price per square foot in Godley climbed to roughly $193 in the trailing quarter, based on MLS data for September 2026 closings in Godley, up from the $180s range that held through August. Even as that valuation firmed, sellers kept giving up ground at the table: nearly two in three closings settled below the original list price, and the median sale cleared at just under 95 cents on the dollar. Concessions still touched roughly six in ten transactions, with the average sweetener holding near $12,400. The median closed sale price, near $444,000, has held essentially flat since July, suggesting the per-square-foot gain reflects mix rather than broad appreciation.

Godley's pipeline gave buyers more room to negotiate this quarter. Months of supply widened to roughly nine, further past the four-month threshold that typically tips leverage toward buyers, even as active inventory held essentially flat near 288 homes. Pending contracts stayed thin, hovering near a dozen, while new listings kept arriving at a steadier clip of roughly 150 homes, a gap that has persisted since summer. Closings themselves are moving faster, continuing a months-long trend, but the widening supply cushion suggests that speed has not yet translated into tighter footing for sellers.

Against Johnson County's $176 median price per square foot, Godley's roughly $181 this quarter reads as near parity, based on MLS data for August 2026 closings in Godley — the real divergence surfaced elsewhere. The median sale price ran nearly $89,000 above the countywide figure, continuing a pattern skewed toward larger homes rather than sharper appreciation, while the median closing took about 79 days, roughly half again as long as the county's 53-day median — a gap that has narrowed since June's wider spread. Sellers settled for about 94 cents on the dollar, a shade below the county's 96, with concessions appearing in a similar share of the quarter's closings as countywide.

Godley's pipeline continues to diverge from the broader county in shape rather than scale. Pending contracts, which had thinned to roughly two dozen last month, fell further to just over a dozen this quarter, a steeper contraction than Johnson County saw as a whole. Yet months of supply in Godley, near seven and a half, actually runs marginally tighter than the county's near eight, even as new listings kept arriving at a pace similar to the county's ratio of active inventory. The mismatch suggests Godley's slower closing pace reflects buyer hesitation more than an oversupplied pipeline.

Price per square foot in Godley reached roughly $182 in the trailing quarter, based on MLS data for July 2026 closings in Godley, up from the $170s range that had held for the two months prior. The rebound arrived alongside a third consecutive month of quicker turnarounds at the closing table, with the median sale now taking about 91 days, down from 106 in June and 116 in May. Sellers continued to concede ground on price — just over half of the quarter's 109 closings included concessions, and roughly two in three sold below the original list — yet the median sale price climbed to near $443K, up close to $30,000 from June.

Pending contracts in Godley thinned sharply this quarter, falling to roughly two dozen from around 56 in June even as new listings continued arriving at a steady clip near 163. That widening gap between fresh supply and signed contracts pushed months of supply to about seven and a half — still well past the four-month threshold that typically favors buyers — while active inventory held essentially flat near 273 homes. The contraction in pending activity complicates the faster closing pace showing up in completed sales, hinting that the recent acceleration may not carry into the fall.