76031 Home Values

Cleburne's 76031 is builder territory right now. National Homecorp is stacking two-story homes near town, while D.R. Horton fills out Lankford Farms with single-story plans. Step outside the subdivisions and the character changes fast: 1950s farmhouses on full acres, Victorian-era homes in Original Cleburne, and scattered acreage tracts along the county roads.

Price per square foot in 76031 landed at roughly $158 in the most recent quarter — about eight percent below the Johnson County median of $171, based on MLS data for trailing-3mo closings in 76031. Sellers here received closer to 94 cents on the dollar at the table, while the county benchmark sat nearer 95.5 cents. Nearly six in ten sellers granted concessions, averaging just under $8,000 — a wider concession footprint than the county rate. With homes taking roughly 100 days to close compared to 68 days countywide, the gap between 76031 and its broader market context is one of the clearest signals in the current data. Year-over-year, prices have pulled back by about four and a half percent.

The pipeline in 76031 underscores the divergence from the county trend. With only 49 pending contracts against 271 active listings, the absorption rate runs at roughly half the Johnson County pace — where pending contracts represent a meaningfully larger share of active supply. Months of supply in 76031 sits above nine, a figure that already exceeded the county's elevated 10-month reading by a narrow margin. New listing activity at 141 units over the quarter continues to outpace pending demand, sustaining a supply imbalance that shows little sign of tightening in the near term.