The numbers behind the local home market.
Single-family sold data, Patrick Henry subdivisions, zip 74135. Source: MLSOK sold records, closings Mar–Aug 2026 (n=17).
| Sold | Beds / Baths | Approx. Sq Ft | Sold Price | Days on Market |
|---|---|---|---|---|
| Aug 2026 | 3/2 | 2,125 | $380,000 | 31 |
| Jul 2026 | 4/3 | 2,676 | $357,000 | 39 |
| Jun 2026 | 3/2 | 2,078 | $315,000 | 155 |
| Jun 2026 | 3/2 | 1,881 | $359,900 | 36 |
Addresses withheld for privacy; data reflects MLS-reported closed sales within Patrick Henry subdivisions.
Patrick Henry recorded 17 closed sales in the six months ending August 31, 2026, at a median sold price of $360,000, about $65,000 above the 74135 ZIP-wide median of $295,000. The premium is genuine and it survives a size check: at $175 per square foot the neighborhood runs $10 a foot above the ZIP, so buyers are paying more per foot as well as buying more house. This is one of the more expensive pockets in 74135 and the sold data says so.
It is also, by a wide margin, the slowest neighborhood the Ledger covers. The typical Patrick Henry home took 31 days to go under contract against 11 across the ZIP, and nine of the 17 sellers cut their price before selling. Measured against the original asking price the average sale closed at 95.3%. One June closing sat 155 days. The pattern is consistent: homes here are opening above what the market will pay, then working down to it. Nobody withdrew and relisted, which means sellers are absorbing the wait rather than resetting.
What to watch this quarter: the year-over-year direction. The median fell from $425,000, and unlike most neighborhood swings this one is not explained by the mix. The typical sold home was 4% smaller, but price per square foot fell 9.3%, from $193 to $175. Seventeen sales is a thin base and one quarter does not make a trend, so treat it as a signal rather than a verdict. What is not ambiguous is the pricing lesson: in a pocket where the median sale takes a month and half of sellers reprice, the opening number is doing more damage than anything else on the listing sheet.
| Insider Metric | Last 6 Months | What It Means |
|---|---|---|
| Sold vs. Original Asking Price | 95.3% | The typical seller ultimately gave up about 4.7% from their first asking price, well wide of the 3.8% ZIP figure |
| Cut Price Before Selling | 9 of 17 · $11,000 median cut | More than half of sellers repriced before finding a buyer, the highest share of any area the Ledger covers |
| Relisted Homes | 0 of 17 | No sale in the window came from a home that had already failed with an earlier listing. Sellers here cut rather than withdraw |
| Seller-Paid Concessions | 41% of sales | Four buyers in ten got closing-cost help, above the 34% ZIP rate. The dollar amounts are not reported in this data set |
| Contract to Closing | 33 days | Once under contract, the typical deal closed in about a month |
| Price vs. a Year Ago | $360,000 vs $425,000 | Down, and not because of the mix: the typical sold home was 4% smaller but price per square foot fell 9.3%, from $193 to $175. On 17 sales against 14 a year ago this is a signal to watch rather than a settled trend, but both the raw and the size-adjusted number point the same way |
Computed from MLS sold records, March-August 2026 closings (n=17), including original list price, cumulative market time, and concession fields that do not appear in standard market reports.
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