76247 Home Values

This zip stretches across the fast-growing corridor between Justin, Northlake, and Haslet where master-planned communities have fundamentally reshaped what was open ranchland. Pecan Square, Wildflower Ranch, Timberbrook, Treeline, and Trails of Elizabeth Creek anchor the housing stock with production-built single-family homes. Northwest ISD.

Price per square foot in 76247 settled at roughly $186 in the latest quarter, based on MLS data for May 2026 closings in 76247 — about seven percent below Denton County's benchmark of $199. Median sale prices hovered near $446K, while sellers gave back nearly four cents on the dollar at closing, with the list-to-sale ratio coming in just above 96 cents. The concession story is particularly notable: nearly seven in ten transactions included seller concessions, with the typical concession amount approaching $12,000 — well above county norms. Roughly six in ten closed sales finished below list, leaving sellers with limited pricing leverage in a market where buyers have measurable room to negotiate.

The pipeline in 76247 reflects conditions that favor patient buyers. With roughly 6.3 months of supply on the market and active listings holding at over 600 homes, inventory is comfortably in buyer's-market territory — above the 4.0-month threshold that historically marks the shift in negotiating power. Pending contracts totaled around 157 against nearly 490 new listings in the trailing quarter, a ratio that suggests supply is outpacing absorption. Unless pending volume accelerates meaningfully in the coming weeks, the current inventory overhang is likely to sustain buyer leverage heading into summer.