76109 Home Values

A sample of roughly 70 closings gives 76109's latest quarter only directional weight, but the pace of sales is plain: homes needed about 40 days to reach closing, the same stretch as last month, which suggests the slowdown has plateaued rather than deepened. Based on MLS data for 2026-10 closings in 76109, price per square foot slipped to the high $270s and the typical home sold near $630K, still well above Tarrant County's roughly $350K. Concessions showed up in more than a third of deals, averaging just under $9,500, while sellers kept close to 97 cents on the dollar.

Pipeline activity in 76109 thinned further. Pending contracts dropped to single digits, around eight, against roughly 133 active listings, while new listings slowed to about 90 for the quarter. Months of supply sits just under six, looser than Tarrant County's roughly five-month figure. Fewer homes entering the market and fewer going under contract points to a stalled rather than building pipeline, with limited sample size suggesting the pullback in contracts is directional, and the gap to the county's brisker absorption remains intact.

For the fourth consecutive month, homes in 76109 took longer to close, with median days on market stretching to roughly 40 — up from about 29 in July and continuing a slide that began in the spring. Based on MLS data for 2026-09 closings in 76109, price per square foot eased to about $283, roughly ten percent softer than last month, while the typical home sold near $641K, still nearly double Tarrant County's median. Concessions grew more common, appearing in almost one in three contracts and averaging close to $10,600, up from levels seen earlier in the summer, even as sellers continued collecting close to 97 cents on the dollar and virtually no homes closed above asking.

Pending contracts in 76109 fell sharply this quarter to roughly 15 — about half of July's pace — even as active inventory held near 149 and new listings slowed to about 119, only modestly outpacing the shrinking pending count. Months of supply eased to just over five, still looser than Tarrant County's roughly five-month benchmark, but the sharper pullback in pending activity signals the market cooling faster than inventory alone would suggest, a shift worth watching heading into fall.

Sellers in 76109 gave up far less ground at the closing table than their countywide counterparts this quarter. Based on MLS data for 2026-07 closings in 76109, concessions appeared in roughly three in ten contracts, well under half the rate seen across Tarrant County, even as homes here sold near $690K — nearly double the county's $355K median — and traded at about $315 per square foot, roughly two-thirds above the county benchmark. Homes moved to contract in about 29 days, extending a gradual lengthening trend that began last month, though still only a few days off the county's pace; list-to-sale ratios held steady near 98 cents on the dollar, with essentially no homes closing above asking.

The pipeline gap between 76109 and the broader county persisted into 2026-07: about six months of supply in the zip code, compared with just under five countywide, keeping conditions modestly looser here than the market overall. Pending contracts thinned to roughly 29 this quarter, a marked pullback from earlier in the summer, even as new listings held near 136 — nearly five times the pending count. Active inventory of about 179 homes gives 76109 a deeper bench relative to demand than Tarrant County's tighter overall absorption, a divergence that has held for several months running.