76002 Home Values

A pickup in closings, up to roughly 74 in the latest quarter from the low 60s a month earlier, gives 76002's speed signals firmer footing. Based on MLS data for 2026-09 closings in 76002, the median sale still closed in about two weeks, roughly half the month-long pace across Tarrant County. Price per square foot held near $167, unchanged from last month and still below the county figure, while sellers gave up under two cents on the dollar at closing. Concessions touched nearly six in ten deals, and fewer than a third closed below list. Directionally, the faster turnaround is now backed by more completed sales.

Pipeline data in 76002 shows a supply picture easing but not yet tight. Months of supply slid to a bit above four, down from about five a month earlier and now below Tarrant County's reading near five. Pending contracts remain a very thin slice of active listings, while new listings kept flowing at a steady pace, outrunning contract activity. The short median time on market reinforces the velocity signal, yet the thin pending count suggests the quicker pace has not fully translated into absorbed inventory heading into the fall.

For the second straight quarter, closed sales in 76002 are moving well ahead of Tarrant County's overall pace. Based on MLS data for 2026-08 closings in 76002, the median time to close held near two weeks — roughly half the county's typical month-long timeline. Price per square foot came in near $167, directionally about a tenth below the county median, while sellers here gave back barely a penny on the dollar at closing, a tighter gap than Tarrant County posted overall. Concessions still touched more than six in ten transactions, keeping pace with the county's own concession activity across a 62-sale sample this quarter.

Pipeline conditions in 76002 look far less distinctive than its closed-sale pace. Months of supply sat at about five, essentially matching Tarrant County's broader reading, and the share of active listings under contract tracked closely with the county's own ratio. New listing activity continued arriving at a steady clip alongside a comparably thin pending count. The alignment suggests 76002's faster turnaround at closing hasn't yet reshaped the supply picture relative to the county, leaving near-term conditions closer to parity than the transaction-level divergence implies.

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.