76111 Home Values

Homes that closed in 76111 this quarter moved through escrow markedly faster than the trailing-year pace, landing near three and a half weeks to contract — down from a shade over five weeks recorded across the past twelve months — based on MLS data for 2026-08 closings in 76111. Price per square foot held essentially flat near $192, running a few dollars above Tarrant County's benchmark. Concession activity eased alongside the quicker pace: fewer than half of closed sales included a give-back, down from nearly six in ten over the trailing year, even as the average concession, when offered, climbed to roughly $7,900. Sellers continued giving back only about three cents on the dollar at closing.

The pipeline in 76111 reads more cautious than the quicker pace showing up in closed deals. Only five homes sat under pending contract against 82 active listings this quarter — a far thinner ratio than the roughly one-in-seven mix recorded last month — even as new listings kept arriving close to the trailing-year rate. That combination pushed months of supply to nearly eight, well above Tarrant County's reading of about five, suggesting faster deal turnaround hasn't yet thickened the contract pipeline.

Closed sales in 76111 told a different story than Tarrant County as a whole this quarter. Price per square foot landed near $196, a touch above the county's roughly $186 median, based on MLS data for 2026-07 closings in 76111. The sharper contrast showed up around the negotiating table: just over a third of transactions included seller concessions, well below the county's rate of nearly six in ten, and closed homes moved through escrow in roughly two and a half weeks versus close to a month countywide. Sellers still gave back only about two cents on the dollar, matching the county's pace. With a little over thirty closings in the sample, the pattern reads as directional rather than definitive.

On the pipeline side, 76111 is carrying more supply relative to its sales pace than Tarrant County overall. Months of supply near seven outstrips the county's reading of under five, even though the ratio of pending contracts to active listings — about one in seven — tracks close to the county's own ratio. New listings kept arriving at a brisk pace relative to the zip's smaller active pool, suggesting the elevated months-of-supply figure reflects genuinely slower absorption locally rather than simply a broader countywide trend of oversupply.

Closed transactions in 76111 moved faster this quarter, with the median sale duration dropping to roughly 39 days — a meaningful acceleration from the prior period's pace — based on MLS data for 2026-06 closings in 76111. Roughly half of completed sales included seller concessions this quarter, down from nearly two-thirds recorded over the trailing year, with the average concession holding near $8,200. Sellers gave back about three and a half cents on the dollar at closing, and about four in ten buyers settled below asking. Price per square foot held near $188, essentially flat with last month, though year-over-year values remain roughly 13% below prior-year levels.

The pipeline in 76111 reflects a market where supply substantially outpaces active demand. With 83 active listings against only 25 pending contracts, roughly one in three available homes has a buyer under contract — a ratio that directionally suggests buyer selectivity remains the dominant force. Months of supply near five has eased modestly from recent readings, yet still runs above the Tarrant County average of roughly five months. New listing activity added about 61 homes to the pool during the trailing window, keeping replenishment steady without meaningfully tightening conditions.