76104 Home Values

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.

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.