76102 Home Values

While Tarrant County's closed sales carried a median price per square foot near $186 in the trailing quarter, 76102 closed at roughly $286 — about half again the county's rate, even as the local figure eased from where it sat earlier in the year. Based on MLS data for 2026-07 closings in 76102, sellers here recaptured slightly more of asking price than the county average, despite homes sitting on market for roughly seven weeks, nearly double the county's typical pace. Concessions turned up in about one in five closings, a far smaller share than the more-than-half rate seen across Tarrant County, underscoring how thoroughly this zip's pricing tier sits apart from the broader county market.

On the pipeline side, 76102's looser conditions relative to the county persisted: with months of supply running close to seven against Tarrant County's typical five, the zip continues to carry meaningfully more standing inventory relative to its pace of sales. Pending contracts fell sharply to just a handful against 62 active listings, a steep drop from earlier in the year, while new listings also slowed to roughly 50 over the quarter. The thinning pending count, layered onto supply already running above the county's benchmark, points toward absorption cooling further before any convergence with Tarrant County's tighter market takes hold.

Homes that closed in 76102 moved to contract roughly two weeks faster in the trailing quarter than the full-year pace — a meaningful compression in days on market that, directionally, suggests heightened competition among the deals that did transact. Based on MLS data for 2026-06 closings in 76102, sellers received slightly more than asking price on average, reversing the modest discount pattern seen over the prior year. Price per square foot climbed to around $330, up from roughly $315 across the trailing twelve months, while average concession amounts fell by nearly half. Fewer than a third of closings settled below list, compared to more than four in ten over the full year. With only about 30 closings in the quarter, these directional signals carry meaningful uncertainty.

The pipeline in 76102 tells a more measured story. New listings slowed sharply — roughly 44 over the trailing quarter versus more than 130 annualized — while pending contracts dropped to about 14 against 52 active listings, a pending-to-active ratio that signals sluggish near-term absorption. Months of supply improved from over eight to around five, approaching but not yet matching the county's pace. The combination of slowing new supply and a thin pending stack suggests transaction volume in 76102 may remain compressed heading into the third quarter.

Price per square foot in 76102 ran roughly $340 in the trailing quarter — nearly double Tarrant County's $185 benchmark — suggesting this zip occupies a distinctly different price tier than the broader market. Based on MLS data for 2026-05 closings in 76102, sellers received just over full asking price on average, a meaningful contrast to the county-wide pattern where buyers typically captured nearly a two-cent-on-the-dollar discount at closing. Concession rates here ran well below the county norm, with roughly one in six transactions including seller concessions versus more than half countywide. The directional data points toward compressed negotiation spreads relative to surrounding Tarrant County.

Active listings in 76102 held at about 45 units while pending contracts stood at 14, producing a pending-to-active ratio that trails the county's relative absorption pace. New listing activity outpaced pending contracts by nearly three to one over the trailing quarter, suggesting supply is accumulating faster than it is being absorbed. Months of supply at roughly 4.7 sits just below the county's 5.0, though the limited sample in this zip warrants reading these pipeline signals alongside Tarrant County's broader context rather than in isolation.