76011 Home Values

The 76011 footprint wraps around Arlington's Entertainment District. Housing here is a patchwork of mid-century bungalows, brick duplexes and fourplexes, and newer tri-level townhomes. The Cloisters, a gated condo community, anchors the northern pocket. Side streets host investor-owned rentals and short-term rental properties.

Price per square foot in 76011 climbed to roughly $203 in the most recent quarter — above Tarrant County's benchmark of $185 — a signal that this zip code is trading at a valuation premium on a per-sqft basis even as its annual trajectory remained negative. Based on MLS data for recent closings in 76011, the list-to-sale ratio firmed meaningfully compared to the trailing-year average, with sellers recovering closer to asking than at any point in the prior twelve months. The share of closings below list fell from nearly half to under four in ten, directionally suggesting that the steepest discounting phase may be easing — though the limited sample warrants caution.

With 74 active listings against only 19 pending contracts, 76011 carries a pending-to-active absorption ratio well below Tarrant County's broader pace. New listing activity over the recent quarter added more supply than the pending pipeline has been absorbing, keeping months of supply elevated near eight months — roughly three months above the county baseline. The pipeline data suggests conditions remain tilted toward buyers, and any price firming visible in closed-sale data faces a headwind from a supply overhang that has yet to clear.