Granbury Home Values
Texas
Granbury Market Snapshot
| Active 1,481 listings | New 264 30 days | Closed 208 30 days | Pending 29 30 days | Supply 8.3 months | Absorption 9.4% monthly | Over List 1.2% sold above | Under List 49.6% sold below | Concessions 35.5% % of solds | Avg Concession $7,549 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
Granbury Market Trends
Lake Granbury's Buyer Market Deepens
Granbury sits on the southwestern edge of the DFW metroplex where Lake Granbury widens the Brazos River into a recreational destination. The market spans lakefront estates with private docks, gated new-construction subdivisions from national builders, acreage tracts with room for horses, and affordable cottages near the historic town square. Two school districts—Granbury ISD and Acton—split buyer loyalties, and the absence of HOAs on many older parcels remains a genuine selling point. The mix of retirees chasing lake life, remote workers seeking space, and budget-conscious families creates a broad but thin demand pool for a market carrying significant inventory.
The pace of closings in Granbury accelerated this quarter. Based on MLS data for the trailing three months of 2026-06 closings in Granbury, median time from list to close compressed to roughly 59 days — down from approximately 70 days reported in the prior period, the sharpest single-quarter improvement in recent months. Per-square-foot values recovered to around $188, reversing the softness that had pulled that figure to roughly $182 earlier this year. Sellers continued to give back about three and a half cents on the dollar at closing, and concession activity ticked modestly higher, with nearly four in ten transactions carrying seller-paid costs averaging near $8,100. Just under half of all closings settled below asking.
The pipeline entering summer tells a more compressed story. Pending contracts in Granbury totaled around 266 — down from roughly 320 the prior period — even as active inventory held near 1,500 homes and new listings continued arriving at nearly 880 over the quarter. Months of supply pulled back to under ten from above eleven, a directional improvement that nonetheless leaves supply conditions well above the balanced-market threshold. The ratio of pending to active homes remains well below one in three, suggesting demand is firming incrementally but has not yet absorbed the supply overhang.
Market Updates
The pace of closings in Granbury accelerated this quarter. Based on MLS data for the trailing three months of 2026-06 closings in Granbury, median time from list to close compressed to roughly 59 days — down from approximately 70 days reported in the prior period, the sharpest single-quarter improvement in recent months. Per-square-foot values recovered to around $188, reversing the softness that had pulled that figure to roughly $182 earlier this year. Sellers continued to give back about three and a half cents on the dollar at closing, and concession activity ticked modestly higher, with nearly four in ten transactions carrying seller-paid costs averaging near $8,100. Just under half of all closings settled below asking.
The pipeline entering summer tells a more compressed story. Pending contracts in Granbury totaled around 266 — down from roughly 320 the prior period — even as active inventory held near 1,500 homes and new listings continued arriving at nearly 880 over the quarter. Months of supply pulled back to under ten from above eleven, a directional improvement that nonetheless leaves supply conditions well above the balanced-market threshold. The ratio of pending to active homes remains well below one in three, suggesting demand is firming incrementally but has not yet absorbed the supply overhang.
Granbury's per-square-foot valuation has slipped to roughly $182 in recent closings, down from $188 across the trailing twelve months, a compression that points to accelerating softness entering 2026. Based on MLS data for April 2026 closings in Granbury, homes took approximately 70 days from list to close — about 11 days longer than the city's own annual pace. Sellers received roughly 96 cents on the dollar on average, with just over half of transactions closing below asking. Concession activity edged higher too, with about 37% of closings carrying seller-paid costs that averaged near $7,700.
Forward-looking indicators in Granbury suggest demand remains constrained relative to available supply. Active inventory held steady at roughly 1,500 homes, while pending contracts totaled around 320 — an absorption rate that implies less than a quarter of available homes are moving toward closing at any given point. With over 880 new listings entering the market over the same window and months of supply pushing past 11, pipeline conditions continue to reflect meaningful buyer-side leverage.
Zip Codes in Granbury
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 12, 2026, 7:10 PM CDT
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