Is Granbury, TX 76048 a buyer’s or seller’s market?
Granbury is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 15% of U.S. ZIP codes, and #498 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Granbury housing market right now
In the three months ending August 31, 2026, 11% of homes in Granbury, TX 76048 sold above their list price, the typical home went under contract in 75 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 197 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (73 days then) and the median sale price rose 4% to $299,870. Overall, Granbury is about as competitive as it was a year ago.
On our competition score, Granbury ranks #498 of 868 TX ZIP codes with enough sales (score 21 out of 100).
Nearby, buyers who want less competition could look at Lipan 76462 (8% sold over asking) or Granbury 76049 (9% sold over asking).
Run the numbers for 76048
Nearby markets
Granbury 76049Balanced $196 /sq ftLipan 76462Balanced $203 /sq ftTolar 76476Balanced $203 /sq ft Browse all markets →Towns like Granbury nearby
Find towns like Granbury in other states →Where Granbury is
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Questions about Granbury real estate
Is Granbury a buyer’s or seller’s market?
A balanced market: there were 5.4 months of supply in Granbury, TX 76048 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Granbury?
The typical home went under contract in 75 days in the latest three months.
Do homes in Granbury sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Granbury?
About 1.05% of a home’s value a year in Hood County, or roughly $4,200 on a $400,000 home.
What is the median home price in Granbury?
The median sale price was $299,870 in the three months ending August 31, 2026, about $177 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology