76487 Home Values

Zip code 76487 covers a wide swath of western Parker County, running from the outskirts of Springtown through Poolville. Two-acre minimums are the norm. Gated communities like Reserve at Shadle and Escondido Ranches offer curated country living. The housing stock leans heavily toward modern farmhouse construction.

Price per sqft in 76487 came in at roughly $228 in the most recent quarter — about 8 percent above the Parker County median of $210, a notable divergence given that the zip's median sale price of approximately $346,000 sits nearly $80,000 below the county figure. Based on MLS data for recent closings in 76487, sellers received close to 97 cents on the dollar, which matches county-level performance despite the zip running at a nearly 9-percent year-over-year price decline. About half of all closed transactions settled below list, and roughly one in four involved seller concessions, a lower concession rate than the county's 39 percent — suggesting a smaller but somewhat self-selecting pool of transactions.

The supply picture in 76487 stands in sharp contrast to Parker County's already elevated conditions. With roughly 19.5 months of supply against the county's 10.5, the pipeline strongly favors buyers heading into the near term. Active listings hold at about 254 — proportionally high relative to the 22 pending contracts currently in queue, a ratio that signals extended absorption timelines. New listing activity continues to outpace contract formation, further widening that gap and reinforcing conditions in which buyers retain meaningful negotiating room.