Krum Home Values

Closing times in Krum quickened again this quarter, with the median falling to roughly seven weeks from just under nine weeks over the trailing year, even as price per square foot held flat near $193, based on MLS data for 2026-09 closings in Krum. With roughly four dozen sales in the window, the read is directional rather than settled. Median sale price ticked up to the mid-$410,000s, tracking a modest annual gain, while sellers gave back roughly three and a half cents on the dollar at closing, little changed from a year earlier. Concessions grew less common, offered on under half of sales versus more than half a year ago, though the ones negotiated ran notably larger, averaging above $12,500.

Krum's pipeline tells a more hesitant story than its quicker closings suggest. New listings kept arriving at a steady clip this quarter, but pending contracts thinned to a handful, a conversion rate that lags Denton County's broader pace and leaves active inventory sitting on close to ten months of supply, nearly double the county's roughly six. That imbalance suggests the faster pace at the closing table reflects deals already working through the pipeline rather than a broader tightening, and it leaves buyers with negotiating room the county's tighter benchmark doesn't afford.

While Denton County's per-square-foot median held near $204 this quarter, Krum closed nine percent below that mark, based on MLS data for 2026-08 closings in Krum. Concessions here continued to run below both the county rate and Krum's own year-ago level — applied to under half of local closings versus more than half countywide, with the average concession easing to roughly $7,800 from over $9,000 a year earlier, continuing a pullback first noted last month. Nearly all buyers paid at or near full asking price, with almost none closing above list, while median sale price kept retreating from last year's high mark.

Krum's pipeline carries a wider supply cushion than Denton County's broader market — nearly ten months of supply against the county's roughly six, a gap that has held through the summer. Pending contracts thinned sharply from a year ago even as new listings kept arriving at a steady clip, widening the distance between what's coming onto the market and what's converting to contract. Listings are still moving toward closing at a pace roughly in line with the county's broader rhythm, but the thinner pending count suggests that rhythm may not hold if new supply keeps outrunning contract activity.

Homes in Krum closed noticeably faster this quarter, with median time to closing falling to roughly a month — down sharply from the twelve-month median near two months — based on MLS data for 2026-07 closings in Krum. With roughly four dozen closings in the window, the shift reads directionally rather than as settled, though Krum's pace now sits close to Denton County's typical timeline. Pricing eased modestly alongside the quicker clip: per-square-foot values came in a touch below the trailing-year mark, and sale price pulled back from its twelve-month baseline even as year-over-year appreciation held positive. Sellers gave up less ground than a year ago, with concessions less common and smaller, and far fewer homes closing below list.

Krum's pipeline reads more hesitant than its closing pace suggests. Active listings held near recent levels, but pending contracts fell well short of the rate that twelve-month figures would imply, pointing to slower conversion of listings into signed contracts even as closed deals move quickly. New listing activity also eased from its trailing-year pace, though by a smaller margin. Months of supply ticked down slightly from a year ago yet remains well above Denton County's broader benchmark, leaving Krum with a deeper inventory cushion — and more buyer negotiating room — than the county typically shows this quarter.