76002 Home Values

Price per square foot in 76002 extended its slide to roughly $164 in the trailing quarter, based on MLS data for 2026-07 closings in 76002, continuing a downward drift that has persisted since spring. With just 62 closings behind the figure, the sample is directional rather than definitive, but it tracks a market moving quickly: the median closing took about two weeks, well under Tarrant County’s roughly monthlong pace. Sellers received close to full asking on the median deal, yet nearly six in ten transactions carried concessions — up from about half last month — even as the share closing below list price shrank notably from its year-long norm.

Pipeline signals in 76002 point to a market picking up speed rather than slowing. Months of supply eased to about four — a step down from the readings logged a month or two back — even as pending contracts thinned sharply against a steady base of active listings, a mismatch consistent with the quicker turnaround showing up in recent closings. New listings kept arriving at a noticeably faster clip than the trailing year’s average, outrunning the thin pending count. Tarrant County’s supply, still holding near five months, underscores how much tighter near-term conditions in 76002 have become.

While Tarrant County closings averaged nearly a month on market this quarter, transactions in 76002 moved noticeably faster — suggesting this zip is absorbing demand at a pace the broader market has not matched. Based on MLS data for 2026-06 closings in 76002, the median price per square foot came in roughly $16 below the county figure, a persistent valuation gap that directionally points toward relative affordability within a supply-constrained region. Sellers here gave back about two cents on the dollar at closing on the median deal, with roughly half of transactions carrying concessions — a rate somewhat below Tarrant County as a whole.

Supply in 76002 sits at nearly five months — a level that tracks closely with Tarrant County overall — yet pending contracts represent a notably thin slice of active listings, suggesting absorption has not yet caught up with available inventory. New listing activity added roughly 93 properties to the market over the period, maintaining the supply gap that has kept months of supply elevated since earlier this year. The directional signals point toward continued buyer-favorable conditions in the near term, consistent with the broader county picture.

Price per square foot in 76002 held at roughly $172 through the latest quarter, essentially flat against the trailing-year average, based on MLS data for 2026-05 closings in 76002. Sellers gave back just under two cents on the dollar at closing on the median transaction, though more than half of deals carried concessions averaging just under $6,500 — a pattern suggesting that headline prices masked meaningful give-back in negotiation. None of the quarter's closings recorded a sale above list, and nearly a third closed below asking, positioning buyers with measurable room to negotiate on a sizable share of inventory.

Supply in 76002 has stretched to roughly four and a half months — crossing the threshold that historically marks a shift toward buyer-favorable conditions — while Tarrant County's broader market sits at about five months. The active-to-pending ratio signals limited absorption pressure: with 63 active listings against just 25 pending contracts, demand is not keeping pace with available supply. New listing activity added 81 properties in the period, further widening the gap and suggesting near-term conditions will continue to favor buyers entering the market.