76005 Home Values

Homes in 76005 took about seven weeks to close this quarter, based on MLS data for 2026-10 closings in 76005, a stretch roughly three-quarters longer than Tarrant County's median of about four weeks. Price per square foot slipped to around $233 while the median sale price edged up toward $550K, a split suggesting the mix of homes sold mattered more than any real appreciation. Directionally, the limited sample of about 55 closings shows sellers still recovering nearly 97 cents on the dollar, and concessions appeared in just under three in ten deals, still far below the better-than-half rate countywide.

Pending contracts in 76005 numbered only about seven against 110 active listings, leaving barely one in fifteen listings under contract even as roughly 60 new listings arrived over the quarter. Months of supply sits at about six, above Tarrant County's five-month reading and up from just over five last month, so the pipeline continues to tilt toward buyers. A small uptick in pending activity is the first sign of movement, but with homes lingering around seven weeks, the near-term pace of closings looks unlikely to quicken much.

Closings in 76005 ran a bit hotter than the trailing-year pace this quarter — nearly 60 transactions closed, based on MLS data for 2026-09 closings in 76005, versus a trailing-twelve-month average closer to 50 a quarter. Price per square foot eased slightly to around $237, just below the trailing-year mark near $241, while the median sale price held essentially flat near $540K. Homes also closed a few days faster than the annual median. Sellers kept recovering close to full asking price, but the concession pullback that began earlier in the year continued: just over a quarter of transactions included a concession, down from roughly a third over the trailing year, and the average concession shrank to nearer $6,000.

The forward pipeline tells a different story than this quarter's closing pace. Active listings in 76005 total 104, but only about one in twenty currently carry an accepted offer — a far thinner slice than the one-in-four to one-in-eight ratios seen earlier this year. New listings kept arriving at a brisk clip, outpacing the shrunken pending count by a wide margin. Months of supply eased to a bit above five, down from roughly six-and-a-quarter over the trailing year, but the thin pending count suggests the pace of closings feeding into Q4 could slow rather than continue at this quarter's rate.

Running well ahead of the county market for a second straight quarter, price per square foot in 76005 settled at $241, based on MLS data for 2026-07 closings in 76005 — a premium of nearly a third over Tarrant County's trailing figure near $186. The median sale price shows the same divergence, holding well above the county benchmark even as the local reading eased slightly from the spring. Sellers here continued collecting close to full asking, and concessions turned up in well under three in ten deals, versus better than half of transactions countywide. With roughly five dozen closings feeding this quarter's geo-level figures, the county comparison remains the sturdier lens on where 76005 actually stands.

The pipeline data reinforces that same county gap. Months of supply in 76005 sits at roughly five months, just above Tarrant County's near-five-month reading, keeping conditions only marginally more favorable to buyers here than across the broader market. The absorption pattern diverges more sharply: barely one in eight active listings locally carry an accepted offer, versus roughly one in six countywide, pointing to demand working through local inventory more slowly than county-wide. New listing volume kept pace with turnover here, showing no early sign that gap is closing.