76005 Home Values

The pace of closings in 76005 has stretched noticeably this quarter, with homes spending directionally around two months on market before closing — roughly three weeks longer than the trailing annual average, based on MLS data for 2026-06 closings in 76005. The limited sample suggests this deceleration is real but not yet definitive. Despite the slower absorption, sellers held their ground on price: the median recovered nearly all of asking at closing, and just under three in ten transactions included a concession — down from more than a third over the prior twelve months. The closing count of about 56 this quarter reflects moderate-volume conditions that warrant measured reads of these signals.

Active listings in 76005 continue to outpace the contract pipeline by a wide margin — fewer than one in four active listings had an accepted offer at last count. New listing volume ran well ahead of pending activity for the period, reinforcing the months of supply reading that sits near seven, roughly two months above the county benchmark. Directionally, the data points toward conditions where buyers retain meaningful time to negotiate, though any pickup in pending activity could shift that balance heading into summer.

While Tarrant County's trailing-quarter median lands near $185 per square foot, 76005 is tracking roughly $252 — a premium of more than a third above the county benchmark, based on MLS data for 2026-05 closings in 76005. The median sale price directionally confirms the divergence, running well above the county figure. Homes here also spent about twice as long on the market as the county median before closing. Concession behavior is notably different: sellers in 76005 granted concessions in fewer than three in ten transactions this quarter, compared to more than half of county closings — though the directional sample warrants some caution given the moderate transaction volume.

The pipeline in 76005 shows a pronounced imbalance between new supply and active demand. New listing activity outpaced pending contracts by a wide margin this quarter, with fewer than one in three active listings under contract at any given point. Months of supply sits above six — higher than the county's five-month reading — pointing to conditions that continue to favor buyers relative to the broader Tarrant market. Whether that gap narrows will depend on whether pending activity picks up as the summer selling season progresses.