76051 Home Values

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.

While Tarrant County's broader market cleared at roughly $186 per square foot in the latest quarter, 76051 landed at $269 — a gap that has widened relative to the annual norm of $263. Based on MLS data for 2026-06 closings in 76051, the median sale price reached approximately $607,000, more than 70% above the county-wide figure, and homes moved from list to contract in a median of 12 days compared to nearly a month across Tarrant. Sellers here captured about 98.7 cents on the dollar, well above the county benchmark of 97.8, while the annual rate of buyers landing below ask — roughly three in ten annually — fell to about one in four in the most recent quarter.

Active inventory in 76051 climbed to 158 homes, up from roughly 137 the prior period, while new listings entering the market outpaced that earlier pace by about 11%. Despite the rising supply, pending contracts held near 69 — a ratio that keeps months of supply at roughly 3.6, meaningfully tighter than Tarrant County's 4.9. The divergence suggests 76051's pipeline is absorbing new listings faster than the broader county, sustaining the supply gap that has characterized this zip code's market structure heading into summer.

The negotiation gap between list and sale prices in 76051 compressed sharply in the latest quarter, with homes selling for nearly 99 cents on the dollar on average — a notable step up from the annual norm. Based on MLS data for 2026-05 closings in 76051, transactions cleared at roughly $267 per square foot, with a median sale price near $603,000. Homes moved at a median of 12 days, well under half the annual pace. Seller concessions rose to cover more than half of closed deals, yet fewer buyers landed below ask — pointing to a market where sellers are proactively sweetening terms to sustain pace rather than being forced to negotiate down.

New listing activity in 76051 is running well ahead of pending contracts, with roughly 170 new listings entering the market against 64 pending deals in the latest three-month window — a ratio that is widening the available supply gap. Active inventory held steady at 137 homes, and months of supply sits near 3.6, still in seller-leaning territory. The current listing pace relative to absorption suggests near-term supply will continue building modestly, though the market's demonstrated velocity makes a significant inventory overhang unlikely in the near term.