76015 Home Values

While price per square foot in 76015 held a modest gain over the trailing-year mark — near $193 versus $184 — sellers gave back more ground at the table than at any point in recent months, with average concessions climbing to nearly $8,900 in the trailing quarter. Based on MLS data for 2026-07 closings in 76015, that concession figure is roughly 15% above the trailing 12-month average, even as the share of homes closing above list price more than doubled from the annual pace. With 57 closings behind this quarter's read, the numbers support a directional rather than definitive read: buyers extracted bigger discounts on some deals even as competition intensified elsewhere in the same market.

Months of supply in 76015 tightened to roughly two and a quarter this quarter — well below Tarrant County's near five-month benchmark — a reading that on its face favors sellers. But new listings outpaced pending contracts by a wide margin, with just 16 homes under contract against 57 freshly listed, a mismatch that could hand some room back to buyers if fresh supply keeps outrunning contract activity into the fall.

The negotiation gap between list and sale prices in 76015 widened noticeably in the latest quarter, with sellers receiving roughly 97 cents on the dollar at closing — about 1.5 cents less than the trailing-year average. Based on MLS data for 2026-06 closings in 76015, price per square foot held near $186, a modest step above the prior 12-month figure of $182, even as year-over-year prices remain slightly softer than a year ago. Around 70% of closed transactions included a seller concession averaging close to $8,400 — the highest concession average directionally this zip has tracked. With roughly 54 quarterly closings, the data carries moderate confidence, but the pattern is consistent: sellers in 76015 continue to give back meaningful ground at the table.

Pipeline conditions in 76015 reflect a market running at a noticeably slower pace than the trailing-year baseline — new listings and pending contracts both contracted sharply on a quarterly basis, with only about 62 new listings entering the market and 30 homes under contract. Active inventory held steady near 47 units, and months of supply tightened to roughly 2.6 — well below Tarrant County's approximately 4.9-month figure — suggesting that while transaction volume is lighter, available supply is being absorbed at a faster relative rate. The mismatch between a compressed supply measure and sluggish pending activity signals the market may be in a seasonal deceleration rather than a structural shift.

Price per square foot in 76015 edged higher in recent closings — the trailing quarter's figure of roughly $185 represents a modest gain over the prior year's $181 average. Based on MLS data for 2026-05 closings in 76015, sellers gave back close to three cents on the dollar, and about two-thirds of transactions included a concession averaging near $8,500. Nearly 35% of homes sold below asking — a notable share given the limited sample size. The directional picture from roughly 49 quarterly closings points toward a negotiating environment that leaned buyer-friendly despite modest per-square-foot appreciation.

New listings entering 76015 outpaced pending contracts in the latest quarter — 57 new listings against 30 under contract — a gap that directionally favors continued buyer negotiating room. Active inventory held near the same level as pending volume, suggesting demand has not tightened the pipeline meaningfully. While 76015 carries a lower months-of-supply figure than Tarrant County broadly, the mismatch between new supply entering and contracts being written signals the market is not yet absorbing listings at a pace that would sharply restrict buyer options.