76054 Home Values

Price per square foot in 76054 climbed to roughly $214 this quarter, comfortably ahead of Tarrant County's near-$186 median. Based on MLS data for 2026-07 closings in 76054, homes closed faster too — a median of 15 days, down from 21 over the trailing year — even as sellers held firm, collecting essentially full asking price across 64 closings. Concessions still touched a little under two-thirds of transactions, though the average payout eased slightly from last quarter. With roughly five dozen sales in the sample, the reading stays directional rather than definitive, but quicker turnover paired with firm pricing suggests sellers aren't yet feeling pressure to give ground.

Pending contracts in 76054 fell to 19 this quarter, down sharply from 35 last month, while new listing activity also eased to 72 — a sign both sides of the pipeline are pulling back together rather than one side outrunning the other. Months of supply slipped to about three, retreating from the four-month threshold reached last month and landing well under Tarrant County's roughly five-month reading. The pipeline points to a market moving briskly again after a brief stretch near balance, tightening back toward sellers rather than easing toward buyers.

Nearly six in ten closings in 76054 last quarter carried seller concessions — a rate that, combined with a median per-square-foot of roughly $208, tells a more nuanced story than the headline price suggests. Based on MLS data for 2026-06 closings in 76054, sellers received close to full asking at the table, but that figure masks meaningful give-and-take: average concession amounts edged upward to just over $6,300, and nearly a quarter of buyers closed below the original list price. The trailing-12-month picture adds context — over the full year, the under-list rate ran considerably higher, around 36%, suggesting the most recent quarter reflects some stabilization in negotiating dynamics rather than a sustained seller recovery.

Supply conditions in 76054 reached a notable inflection point as months of supply crossed the 4.0 threshold, a level that historically marks the boundary between seller- and buyer-favoring conditions. Active listings held steady at 74, while pending contracts — at 35 — sit well below the levels implied by the 12-month pipeline, pointing to a quiet absorption pace heading into summer. New listing activity added roughly 89 homes to the market over the quarter, outpacing pending contract volume. The combination of softening absorption and supply at the 4.0 line signals that buyers in 76054 hold incrementally more negotiating room than they did a quarter ago.

Price per square foot in 76054 ran roughly $22 above Tarrant County's trailing-3mo benchmark — a premium that directionally sets this zip apart from the broader market. Based on MLS data for 2026-05 closings in 76054, homes sold at a median near $430K, with sellers receiving close to the full asking price at closing. Concessions appeared in roughly six in ten transactions, at amounts averaging just over $6,000 — a higher frequency than the trailing-year rate suggests. The limited sample of about 52 closings carries directional weight rather than definitive precision, but the price-per-sqft spread against county data is consistent across both the short and longer trailing windows.

The pipeline picture in 76054 shows active listings roughly in line with the 12-month average, while pending contracts have narrowed relative to that base — a ratio that directionally suggests absorption is tightening. New listing activity added nearly 80 homes over the quarter. Months of supply sits at about 3.5, a full month and a half tighter than Tarrant County's roughly 5-month reading, which supports the county-relative premium visible in closed data. For a market of this size, the supply gap against the county benchmark is the more stable signal than the raw pipeline numbers.