76051 Home Values

Buyers in 76051 won more room to negotiate this quarter, with roughly one in three closings landing below asking price, up from about one in four a quarter earlier. Based on MLS data for 2026-10 closings in 76051, sellers still collected about 98 cents on the dollar, and concessions touched roughly four in ten of the 130 or so sales, averaging about $7,000 — a smaller share than last quarter's near-half. Price per square foot slipped to about $261 and the median sale price eased to roughly $608,000, down from about $630,000. Homes took a median of 18 days to close, longer than the 14 days previously, though still well ahead of Tarrant County's month-long pace.

Supply thinned from both directions in 76051: active inventory fell to 161 homes from 179, and new listings eased to about 150 from roughly 170. Pending contracts edged up to 23, a modest total against the listings still arriving. Months of supply slid to about 3.7, back under the four-month line crossed over the summer and returning the pipeline to seller-leaning territory, even as Tarrant County sits above five months. Median days on market near 18 complicates that reading, suggesting absorption remains uneven heading into the fourth quarter.

Ending a three-month run of accelerating turnaround, homes in 76051 took longer to close this quarter, with the median time to close climbing to 14 days from 11 over the summer. Based on MLS data for 2026-09 closings in 76051, price per square foot eased slightly to $263 — essentially in line with the $262 annual average rather than extending its earlier climb — while the median sale price held near $630,000. Sellers still captured close to 98.5 cents on the dollar. Concessions applied to just under half of the roughly 130 transactions that closed, down modestly from the prior quarter, even as buyers landing below asking price edged back up to about one in four.

Pulling back from the summer's already-thin pace, pending contracts in 76051 dropped to roughly 20 in the latest three-month window, even as active inventory ticked up to 179 homes and new listings held near 170. Months of supply held just above four, keeping the pipeline in mildly buyer-favorable territory. With far fewer contracts advancing toward closing than new listings arriving, the lengthening time-to-close seen in closed transactions this quarter may persist into the next reporting window rather than reverse.

Price per square foot in 76051 held virtually flat at $270, its third straight month near that level after climbing from $267 in the spring, while the median sale price crept to roughly $621,000. Based on MLS data for 2026-07 closings in 76051, homes changed hands in a median of 11 days — the fastest close-to-contract pace in this timeline — even as sellers gave back an average of about $7,400 on the roughly half of transactions that included concessions. Sellers still captured close to 98.5 cents on the dollar, and the share of buyers landing below asking slipped further to under one in four, continuing a run of firming terms even as price growth leveled off.

The pipeline points to a more crowded market taking shape: active inventory in 76051 climbed for a third straight month to 174 homes, and new listings continued to outpace pending contracts, which thinned to fewer than 40 — the softest absorption reading in this stretch. That slowdown pushed months of supply above four for the first time in this timeline, a threshold that tips the pipeline toward buyer-favorable territory even as closed deals continue moving briskly.