76011 Home Values

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.

The negotiation gap between list and sale prices in 76011 narrowed meaningfully in the most recent quarter — sellers recovered nearly 99 cents on the dollar at closing, up from roughly 97 cents in the trailing-year period, based on MLS data for 2026-06 closings in 76011. Price per square foot firmed to around $202, up from $192 over the prior twelve months. The share of closings settling below list price slipped from nearly half to just over a third — a directional signal that sellers are holding firmer on pricing, though the limited sample warrants caution. Concession activity remained widespread, with half of all closings including seller credits averaging over $7,000 — higher dollar amounts than the trailing-year norm even as the rate held flat.

With 85 active listings against only 22 pending contracts, 76011's absorption pace remains sluggish. Months of supply sits near eight — well above Tarrant County's roughly five-month level — and recent new listing activity added 64 properties against a thin pending pipeline. The widening gap between supply and active demand complicates any sustained recovery in seller positioning visible in recent closed-sale data; the pipeline suggests buyers retain structural leverage even as closing-side metrics showed improvement this quarter.

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.