Gunter Home Values

Price per square foot in Gunter pulled back sharply this quarter, settling near $190 — down from roughly $235 as recently as August and the steepest quarterly retreat the market has logged this year. Based on MLS data for 2026-09 closings in Gunter, the median sale price eased to just under $495,000, extending a decline that has now stretched across four consecutive months. With 37 closings in the sample, the directional data points toward a market resetting rather than merely softening: sellers still received about ninety-six cents on the dollar, concessions touched roughly one in five transactions at a typical $8,200, and nearly six in ten homes closed under original list.

Gunter's pipeline offers a plausible explanation for the quarter's price reset: months of supply climbed to roughly sixteen, running well above Grayson County's broader reading near twelve and suggesting the city is carrying more unsold inventory relative to its pace of sales than the surrounding county. Pending contracts slipped to just eight against 197 active listings, continuing a pullback from last quarter's already-thin pace. With a limited sample of contracts to draw from, the pattern directionally supports the case that sellers are recalibrating asking prices to match a market where buyers face less competition for available homes.

Sellers in Gunter needed less help closing deals this quarter, with the average concession easing to roughly $11,250 — down from close to $14,000 in the prior stretch — as just under three in ten transactions included any concession, compared with better than one in three previously. Based on MLS data for 2026-08 closings in Gunter, that discipline carried into the list-to-sale ratio as well: sellers captured nearly ninety-seven cents on the dollar, edging above the mid-nineties reading reported here in June. The adjustment came alongside a pullback in valuation, with price per square foot easing to roughly $235 and the median sale price settling near $623,000, a third straight monthly decline.

Pending contracts in Gunter held near ten this quarter, essentially flat from last month, while active inventory ticked up fractionally to 201 listings, keeping months of supply close to fourteen — still running above Grayson County's supply reading of roughly twelve. New listings kept arriving at a brisk clip, suggesting the improved seller performance reflects pricing recalibration rather than any real tightening in the supply pipeline itself.

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.