76050 Home Values

Grandview's 76050 is split between two different housing stories. In town, production builders are delivering single-story plans on compact lots, targeting the entry-level buyer priced out of closer-in DFW suburbs. Outside the subdivisions, the landscape shifts to five-, ten-, and twenty-acre tracts with barndominiums, remodeled farmhouses, and custom builds on sandy-loam soil. Grandview ISD ties both worlds together.

76050 is closing above its Johnson County peers — price per square foot in the zip ran about $189 in recent closings, roughly ten percent above the county's trailing figure, based on MLS data for 2026-05 closings in 76050. Sellers here also recovered more of their asking price at the table, with the list-to-sale ratio landing nearly two points higher than the Johnson County benchmark. The concession rate, while above half of all transactions, ran notably below the county's six-in-ten rate, suggesting buyers in 76050 exercised somewhat less negotiating leverage than counterparts elsewhere in Johnson County. Days on market averaged around 58 at close, about ten days faster than the county pace.

The pipeline picture in 76050 diverges sharply from the county baseline: months of supply sits near seven compared to more than ten countywide, a gap that points to relatively tighter near-term conditions even as active listings have held steady. Pending contracts are thin — just around 20 against roughly 55 new listings — a ratio that bears watching as the market heads into summer. If new listing flow continues to outpace pending absorption, the supply advantage 76050 currently holds over Johnson County could narrow.