Hood County's housing market enters the back half of September looking a lot like it has most of this year: prices holding a modest gain, homes taking longer to sell than they did a year ago, and buyers slowly gaining leverage. The number that moved the most this week wasn't a housing figure at all, it was the mortgage rate, and that is worth unpacking before we get into the local data.

Start with prices. The median sale price across Hood County came in at $361,440 for the three months ending in July 2026, up 3.3% from a year earlier, according to Redfin's Hood County housing market data. Price per square foot held essentially flat at $187, down just 0.79% year over year. Homes are taking noticeably longer to close, though, with a median of 83 days on market, up 10 days from last year, and only 111 homes sold in that window, a 13.9% drop from the year before. Sellers who do get to closing are still landing close to full value, with an average sale to list ratio of 97.3% and 13.3% of homes selling above asking, both a bit better than a year ago. Still, close to a quarter of listings, 24.5%, needed a price cut somewhere along the way.

Inventory is where the freshest movement is. Realtor.com data compiled by the Federal Reserve Bank of St. Louis shows active listings in Hood County actually pulled back in August, dropping to 641 homes from 671 in July, the first monthly decline after climbing steadily from 620 back in April. New listings slowed even more sharply, falling to just 152 in August from 198 in July and 228 back in May. The median listing price has eased along with that slowdown, down to $389,350 in July from $399,000 in June, a sign sellers are pricing closer to where buyers actually are rather than where the market was earlier this year. As of today, Redfin's live listings count shows roughly 1,357 properties for sale across the county when every property type, including land and acreage, is included, so buyers browsing homes for sale in Hood County, Texas still have plenty to look at even as the monthly single family and condo count has cooled.

Zoom into Granbury, the county seat, and the numbers tell a related but not identical story. Redfin's Granbury housing market data puts the city's median sale price at $367,081 for the same three month window, down 1.5% year over year, with homes spending a median of 75 days on the market, 17 days slower than last year. That same report logged 126 homes sold in Granbury over the period, up sharply from a year earlier, a reminder that city and county boundaries don't line up perfectly and that any single month's sales count in a market this size can swing on a handful of closings. Granbury currently carries a Redfin Compete Score of 42 out of 100, "somewhat competitive," with homes typically closing about 2% below list price.

The bigger story this week is borrowing costs. The 30 year fixed mortgage rate averaged 6.95% for the week ending September 17, 2026, according to Freddie Mac's Primary Mortgage Market Survey, up from 6.76% the week before and nearly seven tenths of a point higher than the 6.26% average from this time last year. That jump alone can add real dollars to a monthly payment, and it helps explain why fewer new listings are coming onto the market and why sellers are trimming asking prices to stay realistic.

For buyers, the combination of easing inventory growth and higher rates cuts both ways. There is less brand new competition to sort through, but the cost of financing just went up, so getting a rate lock and a firm sense of your budget before you tour matters more than it did a month ago. For sellers, the message hasn't changed: homes priced to today's market, not last spring's, are still selling close to asking in under three months, while the quarter of listings needing a price cut are the ones losing time and leverage.

Whether you are weighing a move in Granbury, Tolar, Lipan, or anywhere else in Hood County, the numbers above are a starting point, not the whole picture for your street or price range. Give The Jonathan Cook Team a call at 817-999-6777, and let's talk through what today's rates and inventory actually mean for your plans.