Gunter Home Values

Price per square foot in Gunter climbed to roughly $257 this quarter, extending its climb from the $254 level reported here in May and holding well above Grayson County's broader median near $173. Based on MLS data for 2026-07 closings in Gunter, the median sale price held near $710,000, even as sellers gave a bit more ground at the table: just over one in three closings included a concession, with the typical concession running close to $14,000, up from roughly $12,000 across the trailing year. Homes continued closing faster, averaging about 75 days, though just over half of transactions still landed below original list price.

Gunter's pipeline continues to favor buyers heading into late summer. Active inventory held steady near 199 listings while pending contracts fell to just 11, giving back much of the ground gained during last month's brief run of contract activity. Months of supply ticked up to nearly fifteen — above Grayson County's broader reading near twelve — suggesting Gunter's for-sale stock is thinning more slowly than the county overall. New listings kept arriving at a steady pace, keeping the pending-to-active ratio stretched and near-term absorption gradual.

The negotiation gap in Gunter narrowed modestly this quarter — sellers received about ninety-five and a half cents on the dollar at closing, roughly in line with the prior quarter but above the trailing-year average. Based on MLS data for 2026-06 closings in Gunter, the concession rate among completed transactions pulled back to about four in ten, with the typical concession near $13,400, suggesting sellers have fractionally less ground to give than earlier in the year. Homes averaged about 89 days to close. With roughly 41 transactions in the quarter, the directional data points toward a market still finding its floor: per-square-foot values edged slightly negative year-over-year, and more than half of closings landed below original list.

Pending contracts in Gunter jumped roughly 40 percent from the prior period — a meaningful acceleration for a market that had been moving slowly. With about 21 contracts under agreement against 185 active listings, supply compression is underway: months of supply dropped from the high teens to roughly 13 and a half. New listing activity continues to outpace pending formation, directionally suggesting absorption remains gradual, though the pending surge is the clearest velocity signal Gunter has produced in several quarters.

Price per square foot in Gunter reached roughly $254 in the most recent quarter — well above the Grayson County median of $167 — confirming that the city occupies a premium segment of the local market. Based on MLS data for 2026-05 closings in Gunter, the median sale price approached $740,000 while homes averaged about 90 days to close. Nearly half of completed transactions included seller concessions, with the typical concession approaching $14,000, and nearly three in five closings landed below original list price. Sellers are receiving just under ninety-five cents on the dollar at closing, a slight softening from the trailing annual average.

The pipeline in Gunter reflects an imbalance favoring buyers heading into the summer: roughly 172 active listings compete for just 15 pending contracts, a ratio that points to extended decision timelines for sellers. With about 103 new listings entering the market this quarter and months of supply sitting near 18, absorption remains slow. The pending-to-active gap is notably wider than the broader Grayson County picture, where the county's own elevated supply is itself tracking above seasonal norms.