76011 Home Values

Homes in 76011 continued reaching the closing table at a quicker pace this quarter, with the typical closed sale taking about four weeks — down from nearly six weeks over the trailing year and now essentially matching Tarrant County's broader clip, based on MLS data for September 2026 closings in 76011. With only two dozen or so closings in the sample, the trend is directional rather than definitive, but it lines up with an easing of seller give-backs: concession activity fell to roughly four in ten sales, down from six in ten last month, and the typical credit narrowed too. Price per square foot kept drifting lower, however, settling further below the county's benchmark than it stood a month earlier.

The pipeline in 76011 offers a more cautious read than the improving pace of closings suggests. Pending contracts slipped to just five against 80 active listings, extending a decline that has now persisted several months running. New listings continued arriving at a similar clip to recent months, keeping months of supply near nine — still well above Tarrant County's five-month pace. The gap between how quickly homes are closing and how thinly the under-contract pipeline is stocked continues to widen rather than close.

For the first time in several months, price per square foot in 76011 slipped below the Tarrant County benchmark, landing near $179 against the county's roughly $186 — a reversal after a spring and summer run of premium pricing that peaked above $200, based on MLS data for August 2026 closings in 76011. Sellers still recovered close to full asking, with the list-to-sale ratio ticking up to roughly 97 cents on the dollar. Concession activity widened: six in ten closings now include seller credits, averaging near $6,300, up from roughly half of sales and $5,800 over the trailing year. Homes that did close moved faster, averaging about five weeks to the closing table.

The pipeline in 76011 tells a more urgent story than the closing-table data suggests. Pending contracts fell to just seven against 86 active listings this quarter, a steep drop from the roughly 19 to 22 pending contracts logged in recent months, even as new listings kept arriving at a pace of about 18 per month, faster than the trailing-year average. Months of supply climbed further to just over ten months, more than double Tarrant County's roughly five-month pace. Time to close compressed to about five weeks, suggesting the properties still transacting are moving briskly even as the broader pipeline thins.

Based on MLS data for July closings in 76011, price per square foot continued trading at a premium to the broader Tarrant County market — around $199 versus roughly $186 countywide — even as the zip code's median sale price kept landing well below the county's overall figure. That premium, first evident in the spring, has narrowed somewhat but persists across a modest quarterly sample. Homes here also took noticeably longer to reach the closing table than the countywide pace, with time on market running nearly a week above Tarrant's median. List-to-sale recovery held in line with the county's, leaving the valuation and pacing gaps — not negotiating leverage — as this quarter's real divergence.

76011's pipeline continues to diverge from the county's. Months of supply in the zip has climbed to more than double Tarrant County's countywide level, widening a gap that has grown each of the past several months. Pending contracts relative to active listings also lag the county's absorption pace, suggesting under-contract activity here isn't keeping stride with what's happening across the broader market. New listing activity, meanwhile, continues arriving at a pace roughly comparable to the county's relative to what's pending — meaning the supply overhang traces to slower absorption rather than an outsized wave of new inventory.