Muenster Home Values

Price per square foot in Muenster pushed to roughly $340 this quarter, well above the $239 mark that held over the trailing year. That strength came alongside a longer wait to close: homes spent close to 294 days on the market before selling, stretching further past the 215-day trailing-year average and extending a trend that emerged last month. Sellers who did close still held firm, netting essentially full asking price, versus a fraction under that a year ago, while concessions grew scarcer, appearing in roughly one in fourteen sales rather than nearly one in seven. Based on MLS data for September 2026 closings in Muenster, with only fourteen sales behind these figures, the reading stays directional.

The pipeline in Muenster pulled back further this quarter. Pending contracts fell to just one, down from twenty-one a year ago, even as active inventory held flat near fifty-seven homes — a widening gap between what's listed and what's actually moving toward a closing table. New listings slowed too, dropping to about thirteen from roughly five dozen over the trailing year, keeping months of supply near twelve, still above Cooke County's reading near eleven and a half. Absorption in Muenster looks slower than the county backdrop, extending a pattern that has now held for several months running.

Closings in Muenster thinned out this quarter, and the numbers that remain moved sharply. Based on MLS data for August 2026 closings in Muenster, homes that sold spent roughly 264 days on the market before closing, well past the 225-day trailing-year average, while price per square foot jumped to roughly $339, above the $238 mark that held over the past twelve months. Sellers who did close came out ahead, receiving slightly more than full asking price on average, a reversal from the shade-under-list pace of the past year. Concessions grew scarcer too, appearing in roughly one in thirteen sales versus nearly one in six over the trailing year. With just thirteen closings behind these figures, the swing reads as directional.

The pipeline in Muenster stalled further this quarter. Pending contracts fell to zero, down from twenty-three a year ago, even as active inventory held flat near fifty-six homes. New listings slowed sharply too, dropping to about a dozen from roughly five dozen over the trailing year — a pace far behind Cooke County's steadier flow against its own pending count. Months of supply eased to about thirteen, still above the county's reading near eleven, leaving absorption in Muenster looking more sluggish than the broader county backdrop.

For the third consecutive month, Muenster's figures pulled sharply away from Cooke County's baseline. Based on MLS data for July 2026 closings in Muenster, price per square foot landed near $357 — nearly double the county's trailing three-month figure and well above Muenster's own year-long average near $239. Median sale price told a different story, settling below the county benchmark even as sellers held firmer ground, closing essentially at list versus roughly ninety-seven cents on the dollar county-wide. Concessions, present in roughly one in six closings over the trailing year, vanished entirely this quarter. With just eleven closings behind these figures, the gap from Cooke County reads as directional rather than definitive.

The pipeline in Muenster reflects a far slower pace than Cooke County's overall market. Active inventory held flat at 58 homes, but pending contracts fell from 23 a year ago to just three this quarter, a thinner cushion than the county's pending-to-active ratio would predict at this scale. New listings also slowed to eighteen, keeping months of supply near sixteen — modestly elevated above the county's already-loose thirteen-plus. With absorption this thin, near-term conditions in Muenster look more sluggish than the broader county backdrop suggests, though a pipeline this size leaves real room for a single contract to shift the picture.