76020 Home Values

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.

Price per square foot in 76020 came in above the Tarrant County benchmark in the most recent quarter — roughly $196 against the county's $185 — even as the zip's median sale price of approximately $326,000 trailed the county-wide figure by about $25,000. Based on MLS data for 2026-05 closings in 76020, sellers gave back slightly less than three cents on the dollar at closing, a marginally tighter outcome than the county average. Nearly half of closings involved a price reduction below list, and about half of transactions included seller concessions averaging roughly $8,700 — a pattern that reflects an extended negotiation dynamic rather than a compressed one.

Homes in 76020 are taking nearly twice as long to find buyers as the Tarrant County median — roughly 57 days on market compared to 29 countywide — and the zip carries about seven and a half months of supply against the county's five. Active listings remain elevated relative to the pending pipeline, with pending contracts running well below the new-listings pace, a gap that mirrors countywide trends but at a more pronounced scale in 76020.