76106 Home Values

Even as Tarrant County's median sale price held near $356K this quarter, 76106 continued closing well below that mark, near $249K — a gap of roughly three in ten dollars, based on MLS data for 2026-09 closings in 76106. Price per square foot in the zip narrowed close to the county's reading, near $184 versus roughly $186 countywide, the tightest that gap has been in recent months. Time to close stretched past eight weeks, more than double the county's pace, even as sellers here recovered a slightly larger share of asking price than the county average. With only three dozen closings this quarter, the limited sample suggests 76106's price discount is narrowing even as its velocity gap with the county persists.

The pipeline in 76106 tells a similarly lopsided story relative to the county. Months of supply sits nearly half again above the Tarrant County benchmark, a gap that has held for multiple months and points to slower absorption than the broader market. New listings continued arriving well ahead of pending contracts locally, widening the supply cushion even as active inventory held flat quarter over quarter. That persistent gap against the county norm suggests buyers here retain more room to negotiate than the county-wide pipeline currently affords.

Time to close in 76106 pulled back sharply this quarter, falling to roughly six and a half weeks after sitting above nine weeks for two consecutive months. Based on MLS data for 2026-07 closings in 76106, price per square foot held essentially flat near $185, with median sale price easing to roughly $263K. Sellers continued to recover nearly all of their asking price at closing, even as concession activity ticked up to just over half of transactions and average concessions grew to roughly $7,700. Roughly four in ten sales closed under list, keeping pricing power split rather than tilted firmly toward either side. Closings held in the high thirties for the quarter.

The pipeline in 76106 complicates the quarter's faster closings. New listings continued arriving faster than contracts were signed, with pending activity thinning to its lowest level in recent months even as new listings picked up pace. Months of supply eased from the elevated readings seen over the trailing year but still ran well above Tarrant County's broader benchmark, leaving more room for buyers to negotiate than the county-wide market allows. Active inventory held steady, suggesting the supply cushion in this zip is holding rather than shrinking.

While Tarrant County closings resolved in roughly a month on average, homes in 76106 took more than nine weeks to close — a gap that sets this zip apart from the broader market. Based on MLS data for 2026-06 closings in 76106, price per square foot came in around $187, with median sale prices near $270K compared to roughly $350K countywide. Sellers here recovered slightly more of their asking price at closing than the county average, and the concession rate of about half of transactions ran somewhat below the county's rate. With fewer than four dozen closings in the latest quarter, the limited sample suggests 76106's valuation discount and extended time-on-market reflect structural differences rather than a one-month anomaly.

Supply in 76106 is easing relative to its own recent history — months of supply has pulled back from the elevated levels seen over the trailing year — but the zip still carries more inventory cushion than Tarrant County overall. New listing activity continued to outpace pending contracts by roughly two-to-one, a pattern that has persisted for multiple months and keeps absorption conditions looser than the county norm. Active listings held flat quarter-over-quarter while pending contracts remained sparse, suggesting the pipeline has not yet signaled a meaningful shift toward tighter conditions.