76107 Home Values

While Tarrant County homes closed at a median of roughly $186 per square foot this quarter, 76107 changed hands near $279 — a premium of about 50 percent. Based on MLS data for July closings in 76107, homes sold in about three weeks, down from roughly five weeks over the trailing year, while the county's own median held closer to twenty-six days. Sellers here also gave up less ground than their county counterparts: roughly two in five transactions carried concessions, compared with more than half countywide, and list-to-sale ratios held near 98 cents on the dollar. Year-over-year values in 76107 ticked up nearly 3 percent, reversing the modest retreat noted last month.

The pipeline in 76107 carries more cushion than the county as a whole: months of supply sit near six and a half, well above Tarrant County's reading of just under five. Pending contracts remain thin relative to active listings — roughly one contract pending for every seven homes on the market, a slightly slower absorption pace than the county's near one-in-six ratio. New listings arrived at a steady clip of roughly 220 over the quarter, keeping the supply gap from narrowing further.

Homes in 76107 are moving off the market faster than the trailing-year pace — median days to close fell to roughly 28 in the most recent quarter, compared with 36 across the full trailing year, a meaningful velocity shift. That acceleration coincides with a concession uptick: nearly four in ten recent closings included seller concessions, up from about one in three over the full year, with amounts averaging close to $6,600. Based on MLS data for recent closings in 76107, list-to-sale ratios remained firm at about 97.5 cents on the dollar — sellers are giving some ground on concessions while holding price. Year-over-year values reflect a modest retreat of under two percent.

The supply picture in 76107 shows some tightening relative to recent history. Months of supply has pulled back to roughly 5.8, down from the trailing-year reading near 6.9, a directional shift toward more balanced conditions — though still above the Tarrant County benchmark of about 4.9 months. Pending contracts stand at roughly 73 against 268 active listings, a pending-to-active ratio that points to measured rather than urgent demand. New listing volume of roughly 231 over the trailing quarter has held pace with absorption rather than adding to the overhang, suggesting the inventory ceiling may be stabilizing.

Price-per-square-foot in 76107 settled near $258 in the most recent quarter, down from a $271 trailing annual average — a directional softening consistent with year-over-year values falling roughly 4 percent across the zip. Even so, 76107 commands close to a $73-per-square-foot premium over the broader Tarrant County market, pointing to sustained locational demand. Sellers gave back approximately two and a half cents on the dollar at closing, and about four in ten transactions carried seller concessions averaging roughly $6,900 — meaningfully below the county's concession frequency. Based on MLS data for recent closings in 76107, homes that did sell moved in about 37 days.

At 6.5 months of supply, 76107 carries somewhat more absorption cushion than the Tarrant County average of 5.7 months. The pending-to-active ratio points to measured demand — about one pending transaction for every three active listings — which tracks slightly below the county's pace. New supply arriving at roughly 228 listings over the trailing quarter has been outpacing absorption, keeping inventory steady rather than tightening.