76009 Home Values

The 76009 corridor stretches across Johnson County from Venus south through Alvarado. Bloomfield, D.R. Horton, Trophy Signature, and Biltmore are all building actively. But drive two minutes off the main arteries and you're on fenced five-acre tracts with 1970s farmhouses and barn setups. The housing stock splits cleanly: production new-builds on quarter-acre pads inside planned communities, and older homesteads on one to seventy acres outside city limits.

Concession activity in 76009 climbed sharply in the most recent quarter, with nearly two-thirds of closed sales including seller-paid concessions — up from just over half over the prior year, based on MLS data for 2026-05 closings in 76009. Per-square-foot values dipped to roughly $168, pulling back from the trailing-year average of $174, while the year-over-year price decline of more than seven percent signals meaningful downward repricing. Sellers are absorbing most of that pressure at the table: buyers closed at about 97 cents on the dollar, and fewer than three in ten sales closed above list.

The active listing count in 76009 holds steady at roughly 236 homes while pending contracts have compressed to just 56 — a ratio that leaves supply well above absorbed demand heading into summer. At roughly 8 months of supply, the pipeline favors buyers, though 76009's supply cushion remains narrower than the Johnson County average of more than 10 months. New listing activity continues to pace well ahead of pending absorption, suggesting the concession environment visible in recent closings is unlikely to ease in the near term.