76103 Home Values

Closed sales in 76103 picked up pace this quarter, with homes selling in about 65 days — down from the 81-day stretch reported in June — based on MLS data for 2026-07 closings in 76103. Price per square foot held near $170, modestly above last quarter's reading, while the median closing price landed around $262,000. Sellers kept giving ground at the table: nearly three in four transactions included concessions, averaging about $6,500, and the typical seller collected roughly ninety-five cents on the dollar. Just over half of closings settled below the original list price, none above it, a pattern little changed from recent months.

Pending contracts in 76103 fell sharply this quarter — just 11 homes under agreement, roughly half the pipeline reported in June — even as 41 new listings continued arriving at a pace similar to recent months. That imbalance pushed months of supply up to about 4.7, moving further past the four-month mark than the tighter reading seen last quarter. Active inventory held steady near 52 properties. The shrinking contract pipeline suggests the pace of deals working through the system is slowing, even as the faster closing times reported this quarter reflect transactions that were already well underway.

While Tarrant County homes closed in under a month on average, properties in 76103 spent roughly 81 days on market before closing — nearly three times the county pace, based on MLS data for 2026-06 closings in 76103. Price per square foot came in around $165, about eleven percent below the county's $186 benchmark and down from the trailing-year average. More than two in three completed transactions included concessions, a rate meaningfully above the county norm of roughly six in ten. Sellers in 76103 collected about seven cents less per dollar than the list price — roughly three cents wider than the county's closing gap.

The pipeline in 76103 tells a different story from the rest of Tarrant County: while the county carries nearly five months of supply, 76103 has absorbed its way to roughly four months — a tighter reading than the county average despite the zip code's slower closings pace. New listing activity brought about 41 homes to market against only 21 pending contracts, a ratio that keeps supply pressure present. The limited transaction volume — 40 closings in the quarter — means any shift in buyer activity could move the months-of-supply figure quickly.

The negotiation clock in 76103 ran long this quarter — homes that closed took roughly 81 days to sell, more than double the Tarrant County pace, based on MLS data for 2026-05 closings in 76103. With only 37 transactions in the trailing three months, the directional signal is clear even if the sample is limited: this market has slowed materially. Sellers gave back nearly seven cents on the dollar at closing, and roughly two in three deals included concessions — a concession rate well above the county norm. Price per square foot came in around $165, trailing the broader Tarrant market, consistent with the roughly five percent annual price decline reflected in the trailing year's data.

New listings in 76103 are running at more than twice the pace of pending contracts, with about 40 new listings entering the market against only 19 homes going under agreement in the same window. That imbalance has kept active supply elevated relative to absorption, and months of supply sits just above four — directionally pointing toward buyer-favorable conditions. The limited pipeline suggests demand has not yet responded to the lower price environment, leaving supply pressure intact heading into summer.