Granbury Home Values
Texas
Granbury Market Snapshot
| Median Sale Price $311,478 ▼ 0.7% YoY | Price per Sq Ft $188 median $/sqft | Days on Market 74 list to contract | Sale-to-List 96.4% of original asking |
| Active 1,172 listings | New 0 30 days | Closed 1 30 days | Pending 0 30 days | Supply 14.4 months | Absorption 10.4% monthly | Over List 1.2% sold above | Under List 48.4% sold below | Concessions 33.7% % of solds | Avg Concession $24,079 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 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.
Granbury is sitting in severe oversupply territory. The recent quarter shows well over a year of standing inventory, and nearly half of all closings come in below list price. Sellers offering concessions are covering meaningful closing costs, though the concession rate still runs below the broader metro average—suggesting many Granbury sellers are choosing price cuts over concession negotiation. New construction from national builders continues to add units into an already saturated pipeline, compressing resale values. Median sale prices have drifted lower year-over-year, and homes are taking substantially longer to move than they did twelve months ago.
Buyers hold rare leverage in Granbury right now. With inventory this deep, there is no urgency penalty for patience—sellers who have been listed sixty-plus days are negotiable on both price and terms. The real risk for buyers is overpaying for new construction that will appraise against a falling comp base. For sellers, pricing to market on day one is the only viable strategy; overpricing just adds carrying costs in a market that is not accelerating toward you.
Zip Codes in Granbury
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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