76018 Home Values

Extending a pattern that first emerged in early summer, closed sales in 76018 moved to contract markedly faster this quarter: against a moderate sample of 55 closings, median time to closing fell to roughly two and a half weeks, down from nearly four weeks across the trailing year. Based on MLS data for 2026-09 closings in 76018, that pickup came alongside a modest pullback in price — price per square foot eased to about $172, a few dollars below the trailing annual figure, while median sale price held flat near $292,000. Concessions grew less common, applying to just under half of sales versus just over half annually, with the typical payout shrinking by more than a quarter to roughly $5,500.

Pending contracts in 76018 contracted further this quarter, slipping to single digits for a second straight reporting period and extending a slide that has been building since midsummer. New listings, meanwhile, kept arriving at a pace essentially unchanged from the trailing year, widening the gap between fresh supply and the shrinking pool of contracts moving toward closing. Months of supply eased slightly to roughly three and a half months — still well under Tarrant County's five-month mark — leaving the local pipeline tighter than the broader county even as the pullback in pending activity raises questions about near-term momentum.

Price per square foot in 76018 settled at $175 this quarter, running below Tarrant County's $186 median — a gap that, across 59 closings, points to a market pricing itself somewhat under its broader county neighbors. Homes here also closed faster than the county at large, with days on market averaging roughly two and a half weeks versus closer to a month county-wide, based on MLS data for 2026-08 closings in 76018. Sellers recovered nearly 99 cents on the dollar at the table, outperforming the county's list-to-sale ratio, even as just over half of transactions still carried some concession — a smaller share than Tarrant County's norm, extending the discount-but-quick pattern that has held since early summer.

Tarrant County's supply cushion continues to run looser than 76018's: months of supply here held near three months this quarter, well under the county's roughly five-month mark, underscoring a tighter local pipeline even as broader Tarrant conditions ease toward balance. Within the zip itself, pending contracts thinned further to single digits, continuing a contraction that has been building since midsummer, while new listings kept arriving at a pace that outstripped that shrinking pending count — a combination that leaves 76018's near-term footing tighter than the county's, yet harder to read on its own.

Across 53 closings in 76018 last quarter — a moderate sample that supports a directional read, based on MLS data for 2026-07 closings in 76018 — the pace to contract quickened further, extending a fast-closing trend that surfaced earlier this summer: median days on market ran close to two and a half weeks, roughly half the trailing annual figure. Price per square foot held flat in the upper $170s, matching the year-long figure, while the median sale price ticked up only slightly. Sellers still conceded ground at the table: just over half of closings included some concession, though the typical payout shrank from the annual norm. List-to-sale ratios improved to nearly 99 cents on the dollar, edging past the Tarrant County benchmark.

The forward pipeline in 76018 tells a more mixed story than the closed-sale pace suggests. Pending contracts numbered just 13 entering the current window, a thin count relative to the annual pattern, even as new listings arrived at a rate running ahead of the yearly average — widening the gap between fresh supply and buyer commitments. Months of supply eased to almost exactly four months, down from the trailing-year mark, nudging closer to the threshold where conditions typically tip toward buyers. Set against Tarrant County, where supply is easing more slowly, the signals suggest speed and follow-through aren't yet moving together.