Map of 75054

75054 Home Values

Median Sale Price
$507,884
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Active Listings
Pending
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Median Asking

75054 Market Snapshot

Median Sale Price
$507,884
▲ 8.7% YoY
Price per Sq Ft
$174
median $/sqft
Days on Market
29
list to contract
Sale-to-List
97.5%
of original asking
Balanced Market 4.9 months of supply
Seller's Buyer's
Active
89
listings
New
16
30 days
Closed
14
30 days
Pending
2
30 days
Supply
4.9
months
Absorption
4.5%
monthly
Over List
2.7%
sold above
Under List
47%
sold below
Concessions
47%
% of solds
Avg Concession
$8,374
seller paid

Source: NTREIS MLS • Excludes leases • Jul 2026

75054 Market Trends

Median Sale Price
24 months
$355K$426K$496K$567K$638KSep 2024Jan 2025May 2025Sep 2025Jan 2026May 2026Jul 2026

Mira Lagos Premium Commands Patience and Precision

The 75054 zip anchors around the master-planned communities that hug Joe Pool Lake's northern shore in Tarrant County, with Mira Lagos and Grand Peninsula dominating the landscape. Housing stock here is decidedly move-up: two-story brick-and-stone homes from the mid-2000s forward, typically running three to five bedrooms across 2,500 to 4,500 square feet on lots that push toward a quarter acre. First Texas Homes and other production builders set the tone, though newer phases from Grenadier and custom infill bring townhome and villa product into the mix. Nearly everything here is zoned to Mansfield ISD.

Homes closing in 75054 continue to command a steep premium over the broader Tarrant County market — nearly $500K at the median, more than 40% above the county's roughly $355K figure — yet based on MLS data for 2026-07 closings in 75054, price per square foot lands below the county average, near $171 against roughly $186 countywide, echoing the gap flagged here in the spring. Closed sales also took longer to reach the table: roughly 40 days on market against Tarrant's 26-day pace. Concessions appeared in under half of 75054 closings, a smaller share than the county's roughly six in ten, even as list-to-sale ratios ran nearly identical to the broader market.

Pending contracts in 75054 cover roughly one in eight active listings this quarter, a thinner conversion ratio than the county's near one-in-six pace, even as new listings continue arriving at a brisk clip. Months of supply has narrowed, though, to a level that now roughly matches the Tarrant County benchmark — an unusual parity for a zip that typically runs looser than its neighbors, suggesting the premium 75054 commands isn't translating into materially slower absorption at the aggregate level.

Market Updates

Homes closing in 75054 continue to command a steep premium over the broader Tarrant County market — nearly $500K at the median, more than 40% above the county's roughly $355K figure — yet based on MLS data for 2026-07 closings in 75054, price per square foot lands below the county average, near $171 against roughly $186 countywide, echoing the gap flagged here in the spring. Closed sales also took longer to reach the table: roughly 40 days on market against Tarrant's 26-day pace. Concessions appeared in under half of 75054 closings, a smaller share than the county's roughly six in ten, even as list-to-sale ratios ran nearly identical to the broader market.

Pending contracts in 75054 cover roughly one in eight active listings this quarter, a thinner conversion ratio than the county's near one-in-six pace, even as new listings continue arriving at a brisk clip. Months of supply has narrowed, though, to a level that now roughly matches the Tarrant County benchmark — an unusual parity for a zip that typically runs looser than its neighbors, suggesting the premium 75054 commands isn't translating into materially slower absorption at the aggregate level.

The negotiation gap between list and sale prices in 75054 narrowed only marginally this quarter, with sellers receiving just over 97 cents on the dollar at closing — roughly on par with the trailing annual rate. More telling is the compression in days on market: based on MLS data for 2026-06 closings in 75054, homes are reaching contract in about 41 days, down sharply from the 56-day pace logged over the prior twelve months. The concession rate held near half of all closings, with buyers averaging roughly $8,300 in seller-paid credits. About four in ten closings settled below list, a meaningful retreat from the higher share seen across the full-year window.

The velocity signal in 75054's pipeline is sharpening: the drop in days-to-contract suggests absorption is accelerating even as active inventory holds steady at roughly 90 listings. Pending contracts represent about 29 listings — a pending-to-active ratio that remains thin relative to the county's pace, but new listing volume has moderated to roughly 79 units this quarter, down from the annualized rate. Months of supply sits near 5.6, still above the Tarrant County benchmark of roughly five months, meaning buyers in 75054 retain negotiating room — but the DOM trend signals that window may be narrowing.

75054 sits notably above Tarrant County's median on overall sale price — roughly $510K against the county's $350K — yet based on MLS data for May 2026 closings in 75054, price per square foot lands closer to the county average than the aggregate price gap suggests. Sellers in 75054 saw nearly half of all closings involve concessions over the trailing twelve months, with buyers averaging roughly $8,000 in seller-paid credits. The list-to-sale ratio held near 97 cents on the dollar, consistent with county norms, while the YoY price trajectory — up nearly 10% — outpaced broader Tarrant trends. About four in ten closings settled below list.

Active inventory in 75054 has held steady relative to the trailing-12mo baseline, but the pending-to-active ratio tells a more cautious story: pending contracts represent roughly one-third of active listings, compared to a countywide pending pace that runs significantly higher. New listing volume in 75054 outpaced pending activity in the most recent quarter, widening the supply gap. At nearly six months of supply, the pipeline in 75054 sits above Tarrant County's roughly five-month level, suggesting the zip carries incrementally more buyer negotiating room heading into summer.

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Market data last updated Aug 1, 2026, 6:00 AM CDT · Editorial updated Jul 27, 2026, 3:10 AM CDT

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