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Trophy Club, TX 76262 Real Estate Market Report

ZIP Code: 76262
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of April 2026, the Trophy Club housing market reflects a median sold price of $612,000, indicating a stable market despite broader regional fluctuations. The neighborhood has increased up since 2023, showcasing some local appreciation even as the overall market experiences softening trends. The $849,500 median listing price suggests a notable gap between seller expectations and actual transaction values, which may indicate pricing friction in the current environment.

Market activity appears to be characterized by elevated inventory levels, with a median of 202 days on market for sold properties. This extended time frame suggests a slower sales velocity, as the market transitions towards a more balanced state. The elevated interest rate pressure continues to impact affordability, contributing to a neutral market temperature and influencing buyer sentiment in the area.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
186
Active Listings
100
Sold Properties
86

Market Metrics

Median Listing Price
$849,500
Median Sold Price
$612,000
Median Price per Sqft
$229/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,760

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
2.36%

Liquidity & Velocity

Median Days on Market
202
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. The median sold price of $612,000 reflects a stable market amidst broader regional softening.

  2. With a median listing price of $849,500, there is a significant gap that may indicate pricing friction between seller expectations and market reality.

  3. Properties are taking a median of 202 days on market, suggesting slower sales velocity and potential buyer hesitance.

  4. The market temperature is currently neutral, indicating a balanced environment with no clear buyer or seller advantage.

  5. Elevated interest rate pressure continues to impact affordability, contributing to a weak rental year-over-year trend.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

2006 Nighthawk Ct, Westlake, TX 76262
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
7 baths
5,550 sqft
$4,750,000
Jan 1, 2026
$856/sqft/sqft
977 days on market
1482 Forest Knoll Dr, Westlake, TX 76262
Premium

Sold above market average

4 beds
3 baths
3,481 sqft
$2,295,000
Jan 1, 2026
$659/sqft/sqft
1394 days on market
1474 Ottinger Rd, Keller, TX 76262
Premium

Sold above market average

- beds
- baths
5,743 sqft
$2,118,000
Mar 1, 2026
$369/sqft/sqft
2818 Sheffield Dr, Trophy Club, TX 76262
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2.5 baths
2,060 sqft
$619,000
Feb 1, 2026
$300/sqft/sqft
76 days on market
13900 Allen Trl, Roanoke, TX 76262
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,500 sqft
$617,467
Feb 1, 2026
$412/sqft/sqft
14520 Seventeen Lakes Blvd, Roanoke, TX 76262
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
3.5 baths
3,120 sqft
$614,000
Feb 1, 2026
$197/sqft/sqft
2021 Vista Rd, Keller, TX 76262
Quick Flip

Sold below market average

4 beds
2 baths
2,557 sqft
$4,200
Jan 1, 2026
$2/sqft/sqft
1168 days on market
220 Benton Dr, Roanoke, TX 76262
Quick Flip

Sold below market average

4 beds
2 baths
1,921 sqft
$2,300
Jan 1, 2026
$1/sqft/sqft
715 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

GemHaus

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