Pilot Point Home Values

Concessions remain the sharpest divide between Pilot Point and the rest of Denton County: nearly eight in ten sales here included one this quarter, versus fewer than six in ten countywide, and the typical concession climbed to roughly $9,800 — up sharply from last month. Based on MLS data for September 2026 closings in Pilot Point, price per square foot held near $161, still roughly a fifth below the county's $202 median, a gap that has persisted for months even as other measures converge. Days on market narrowed to within three days of the county figure, a far smaller gap than the 17-day spread recorded in July. The annual price decline has eased to just under five percent.

New listings in Pilot Point continued to outpace what's converting to contract this quarter, keeping upward pressure on the active pool even as pending activity stayed thin. Set against Denton County, though, the pipeline looks more balanced than the valuation gap alone would suggest — months of supply here run close to four and a half, tighter than the county's near six. Faster time-to-close in recent months suggests the market is absorbing that supply a little quicker than earlier this year.

The typical Pilot Point sale reached the closing table in 44 days this quarter, the second straight month of improvement after a stretch of lengthening turnaround times — based on MLS data for August 2026 closings in Pilot Point. Price per square foot held essentially flat at $163, within a dollar of the trailing annual figure but still roughly a fifth below Denton County's benchmark. Sellers gave back close to six cents on the dollar at closing, with concessions appearing in nearly eight of every ten transactions — well above the county's roughly six in ten. The annual price trend remains down close to six percent year over year, continuing the correction that began in 2025.

Months of supply in Pilot Point eased to just over six, the tightest reading in several months and a step closer to Denton County's own supply position. Pending contracts, though, stayed thin against an active pool near 300 listings, and new listings kept arriving well ahead of the pace homes are moving into contract — a gap that hasn't closed even as time-to-sale continues shortening for a second straight month. Taken together, the pipeline still shows a market accumulating supply faster than it's converting to contracts.

While Denton County's median price per square foot held near $203 over the trailing quarter, Pilot Point closings settled at $166 — a $37 gap consistent with the $40 spread recorded in spring. Based on MLS data for July 2026 closings in Pilot Point, the median sale price came in near $314,000, well below the county's $448,000, even as the annual figure held near $164 per square foot. Homes also sat on the market longer, a median 48 days against the county's 31. Sellers gave back roughly a nickel on the dollar at closing, versus roughly two and a half cents countywide, and concessions appeared in three in four Pilot Point sales against scarcely six in ten across the county.

After lengthening for several months, days on market reversed course this period — a shift that registers as a pipeline signal here even as Pilot Point's broader position relative to Denton County held steady. The pending-to-active ratio remains well below the county norm, scarcely seven of every hundred active listings under contract versus roughly one in eight countywide, while new listings arrived at a share of volume similar to the county's pace. Months of supply here run near six and a half, versus the county's five and nine tenths, keeping the local pipeline modestly looser than its neighbor.