76104 Home Values
76104 Market Snapshot
| Active 164 listings | New 32 30 days | Closed 24 30 days | Pending 4 30 days | Supply 7.8 months | Absorption 6.7% monthly | Over List 0% sold above | Under List 48.5% sold below | Concessions 57.1% % of solds | Avg Concession $7,083 seller paid |
Source: NTREIS MLS • Excludes leases • Jul 2026
76104 Market Trends
Fairmount and Southside Build Momentum Block by Block
The 76104 footprint covers Fort Worth's Near Southside from the Medical District down through the Historic Fairmount neighborhood. Blocks alternate between 1920s Craftsman bungalows and Tudor cottages, newer infill construction, and occasional vacant parcels. Magnolia Avenue anchors the commercial spine. A growing number of duplexes and small multifamily buildings serve the medical-worker rental market.
Price per square foot in 76104 rebounded to roughly $182 this quarter, reversing two straight months of decline and returning to spring-level pricing, based on MLS data for August 2026 closings in 76104. The median sale price, near $247,000, eased back from last month's push toward $255,000 but still ran nearly eight percent ahead of the trailing-year pace. Sellers captured close to 97 cents on the dollar, edging up from roughly 96 a year earlier, while just over half of closings carried concessions — averaging around $5,900, down from near $7,100 in the trailing 12 months. With 63 closings feeding the quarter, the read remains directional rather than definitive.
The pipeline tells a mixed velocity story: pending contracts fell to just 11 against 164 active listings, a sharp pull-back from the pace typical over the trailing year, even as new listings kept arriving at a brisk clip. Months of supply eased to just under eight, down from roughly ten a year earlier, though still well above Tarrant County's five-month benchmark. Closing timelines have quickened alongside the shrinking pending pool — a combination suggesting the market is moving faster for the deals that do get done, even as fewer are entering the pipeline behind them.
Market Updates
Price per square foot in 76104 rebounded to roughly $182 this quarter, reversing two straight months of decline and returning to spring-level pricing, based on MLS data for August 2026 closings in 76104. The median sale price, near $247,000, eased back from last month's push toward $255,000 but still ran nearly eight percent ahead of the trailing-year pace. Sellers captured close to 97 cents on the dollar, edging up from roughly 96 a year earlier, while just over half of closings carried concessions — averaging around $5,900, down from near $7,100 in the trailing 12 months. With 63 closings feeding the quarter, the read remains directional rather than definitive.
The pipeline tells a mixed velocity story: pending contracts fell to just 11 against 164 active listings, a sharp pull-back from the pace typical over the trailing year, even as new listings kept arriving at a brisk clip. Months of supply eased to just under eight, down from roughly ten a year earlier, though still well above Tarrant County's five-month benchmark. Closing timelines have quickened alongside the shrinking pending pool — a combination suggesting the market is moving faster for the deals that do get done, even as fewer are entering the pipeline behind them.
Price per square foot in 76104 landed at roughly $175 in the trailing quarter, several dollars beneath the roughly $186 Tarrant County closed sellers commanded over the same window, based on MLS data for July 2026 closings in 76104. The zip's median sale price, near $255,000, remained well below the county's roughly $355,000 mark — a gap that has held even as 76104's own median climbed from the trailing-year figure near $223,000. With 56 closings feeding the sample, the trend reads as directional rather than definitive. Sellers still captured close to 97 cents on the dollar, edging above the year-ago pace, while just over half of deals carried concessions averaging around $6,400 — modestly lighter than the annual norm.
The pipeline underscores the same divergence: 76104 is carrying roughly nine months of supply against active listings, well above the county-wide pace of under five months, and its pending-to-active ratio trails Tarrant County's by a wide margin. New listings continued arriving at a brisk clip — outpacing the small pool of pending contracts — while active inventory held steady near its trailing-year level. Relative to the broader county, where inventory is absorbing far faster, 76104's pipeline points toward a longer runway before supply and demand realign.
The pace of completed transactions in 76104 offers a directional signal worth watching: 57 closings in the trailing three months suggests activity held at a moderate clip even as price per square foot dipped to roughly $179, based on MLS data for June 2026 closings in 76104. The median sale came in near $245,000 — noticeably higher than the trailing 12-month figure — though the limited sample warrants caution. Nearly six in ten closed deals included concessions averaging around $6,600, and sellers gave back roughly four and a half cents on the dollar at closing. None of the tracked sales closed above list, and close to four in ten finished below it.
The 76104 pipeline points toward continued softness: with 30 pending contracts against 160 active listings, the pending-to-active ratio sits well below the Tarrant County absorption pace. Months of supply held near eight and a half — roughly three months above the county benchmark — while 126 new listings entered the market over the same window. The limited pending volume relative to incoming supply directionally suggests conditions favoring buyers are unlikely to shift quickly in the near term.
Priced at roughly $182 per square foot, 76104 closings tracked near the Tarrant County median for value density despite sitting in a significantly lower price tier — with a median sale price around $228,000 based on MLS data for the trailing three months of closings in 76104. Not one of the 46 closed transactions finished above list, while nearly half landed below it. Sellers gave back close to four and a half cents on the dollar at closing, and just over half of deals included concessions averaging roughly $7,300. Prices softened about three percent from a year earlier, and closed-sale timelines held at around 48 days.
With roughly 10 months of supply and only 39 pending contracts against 160 active listings, the 76104 pipeline directionally suggests demand remains constrained. New listings totaled 127 over the same window, continuing to add to an already soft absorption environment. The pending-to-active ratio — around one in four — is well below the Tarrant County pace, pointing toward conditions that favor buyers in the near term rather than any imminent balance shift.
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Market data last updated Aug 1, 2026, 6:00 AM CDT · Editorial updated Aug 12, 2026, 11:12 AM CDT
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