76020 Home Values

Price per square foot in 76020 continues to run higher than the broader Tarrant County market — roughly $199 against the county's $184 in the trailing quarter — even though the zip's median sale price of about $328,000 lands well below the countywide figure, near $352,000, pointing to smaller homes carrying a steeper per-foot cost. Based on MLS data for 2026-09 closings in 76020, sellers gave back a bit more ground than their countywide counterparts, receiving just under ninety-seven cents on the dollar versus close to ninety-eight cents countywide. Concessions appeared in a bit over half of local closings, a smaller share than the county average, even as roughly $8,400 changed hands on average when they did.

Homes in 76020 continue to sit on the market roughly twice as long as the Tarrant County median — around 58 days to contract versus 28 countywide — while carrying about six months of supply against the county's five, a gap that has held fairly steady rather than widened this quarter. Pending contracts remain thin relative to active listings locally, even as new listing activity keeps arriving at a pace similar to recent months, suggesting the wider absorption gap versus the county reflects a structural feature of this corner of Tarrant County rather than a new development.

A steady pace of closings — 233 transactions in the latest quarter — kept price signals in 76020 well within a tight band, with per-square-foot values holding near $191, just under the trailing-year average. Based on MLS data for 2026-07 closings in 76020, homes continued moving at roughly the same clip as recent months, spending about eight weeks on market before contracts closed. Sellers received close to ninety-seven cents on every listed dollar, a figure little changed from the spring, while roughly half of closings still carried concessions averaging around $8,500. The high-volume quarter leaves little ambiguity in these readings.

Pending contracts in 76020 fell sharply this quarter, dropping to just 49 from well over a hundred a month earlier, even as active listings held near 518, widening the gap between available inventory and homes actually moving toward closing. New listing activity also eased, tracking below the pace seen earlier this year. With roughly seven months of supply on hand, the pipeline points toward a market that lost momentum after several quarters of tighter absorption, a shift worth watching heading into fall.

The negotiation gap in 76020 narrowed modestly in the most recent quarter, yet buyers retain meaningful room at the closing table. Based on MLS data for 2026-06 closings in 76020, roughly four in ten transactions closed below list price — a smaller share than the trailing-year average, but still a substantial portion of deals. Sellers gave back nearly three cents on the dollar at closing, an improvement from prior quarters, and just under half of completed transactions included seller concessions averaging roughly $8,800. With homes spending about eight weeks on market before closing, the negotiating window in 76020 remains firmly buyer-favorable.

Active listings in 76020 outnumber pending contracts by roughly four to one, a supply imbalance that continues to define the near-term pipeline. New listing activity has kept pace with the trailing year's volume, running well above absorption rates — roughly 365 new listings against 128 pending contracts in the latest quarter. With about seven months of supply sitting above the market, the pipeline signals limited urgency for sellers heading into the second half of 2026.