76106 Home Values

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.

The negotiation gap between list and sale prices in 76106 remained narrow in recent months — sellers received close to full asking price at closing — but the headline story in this zip code is how long homes are sitting before they close. Based on MLS data for trailing closings in 76106, the median time to close stretched to roughly nine weeks, more than double the pace seen across Tarrant County. Price per square foot held near $188, and median sale price came in around $260K. With only three dozen closings in the latest quarter, the limited sample suggests directional softening in velocity rather than a definitive trend.

The pipeline in 76106 shows a meaningful imbalance between supply and demand. Active listings are holding steady while new listings added over the quarter outnumbered pending contracts by nearly two-to-one — a ratio that points toward continued absorption challenges heading into summer. With roughly 48 new listings entering the market against only 27 pending contracts, the supply gap is widening. Months of supply in the zip sits above county norms, suggesting buyers in this segment retain meaningful flexibility in their timing.