75054 Home Values
75054 Market Snapshot
| Active 87 listings | New 17 30 days | Closed 19 30 days | Pending 2 30 days | Supply 4.6 months | Absorption 12.6% monthly | Over List 3.3% sold above | Under List 45.9% sold below | Concessions 45.9% % of solds | Avg Concession $8,118 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75054 Market Trends
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.
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.
Market Updates
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 Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 27, 2026, 3:08 AM CDT
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