76111 Home Values
76111 Market Snapshot
| Median Sale Price $275,755 ▼ 17.7% YoY | Price per Sq Ft $193 median $/sqft | Days on Market 58 list to contract | Sale-to-List 96.5% of original asking |
| Active 61 listings | New 1 30 days | Closed 0 30 days | Pending 0 30 days | Supply 5.5 months | Absorption 32.8% monthly | Over List 0% sold above | Under List 42.6% sold below | Concessions 60.8% % of solds | Avg Concession $22,463 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
76111 Market Trends
Pre-War Bungalows Compete with Infill New Builds
The housing stock in 76111 splits into two worlds. The backbone is pre-war and mid-century — 1920s Tudor cottages and 1940s-50s bungalows with hardwood floors, brick fireplaces, and lots shaded by mature oaks, concentrated in the Oakhurst neighborhood where parcels run around a quarter acre. These sit alongside a growing wave of infill new construction on tighter lots, often modern two-stories with quartz countertops and open layouts. Duplexes, ADUs, and guest houses appear frequently, giving the zip a multi-generational and investor-friendly character you won't find in the newer suburban zips farther west. Detached garages and carports outnumber attached two-car garages.
This is a buyer's market by every measure. Sellers are routinely accepting offers well below asking, and not a single sale in the trailing twelve months closed above list price. Three out of four recent transactions involved seller-paid concessions — rate buydowns, closing cost credits, appliance packages — signaling real desperation to get deals across the finish line. The year-over-year price correction has been steep, and rising days on market suggest the adjustment isn't finished. Seller-financed and as-is listings are appearing with increasing frequency, a hallmark of a market where traditional financing paths are stalling.
If you're considering selling in 76111 right now, pricing strategy is everything. Your competition isn't just other resale homes — it's new construction offering buyer incentives you can't easily match. Lead with your lot size and mature landscaping, which the new builds can't replicate. Budget for concessions upfront rather than negotiating them reactively, and price below where you think fair value sits. Homes that linger past sixty days in this zip are getting punished in negotiations.
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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