76111 Home Values
76111 Market Snapshot
| Active 77 listings | New 14 30 days | Closed 9 30 days | Pending 1 30 days | Supply 5.3 months | Absorption 31.2% monthly | Over List 0% sold above | Under List 39.9% sold below | Concessions 56.8% % of solds | Avg Concession $6,696 seller paid |
Source: NTREIS MLS • Excludes leases • May 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.
Price per square foot in 76111 settled near $187 in recent closings — roughly 3% below the trailing-year baseline — based on MLS closing data for 76111 through May 2026. Close to two-thirds of completed transactions included seller concessions averaging roughly $7,800, a higher share than the 59% recorded over the prior twelve months. Sellers gave back about three and a half cents on the dollar, and roughly four in ten buyers closed below asking. Year-over-year, values have retreated roughly 11%, while the median closed-sale duration stretching toward 50 days directionally suggests the price discovery process has slowed.
With 85 active listings and only 35 pending, the pending-to-active ratio in 76111 directionally suggests demand is absorbing a fraction of available supply. Months of supply near 5.8 mirrors the Tarrant County average closely, though the low pending count relative to active inventory points toward continued buyer selectivity rather than competitive pressure. New listings in the trailing window total near 55, keeping supply replenishment steady without materially tightening conditions.
Market Updates
Price per square foot in 76111 settled near $187 in recent closings — roughly 3% below the trailing-year baseline — based on MLS closing data for 76111 through May 2026. Close to two-thirds of completed transactions included seller concessions averaging roughly $7,800, a higher share than the 59% recorded over the prior twelve months. Sellers gave back about three and a half cents on the dollar, and roughly four in ten buyers closed below asking. Year-over-year, values have retreated roughly 11%, while the median closed-sale duration stretching toward 50 days directionally suggests the price discovery process has slowed.
With 85 active listings and only 35 pending, the pending-to-active ratio in 76111 directionally suggests demand is absorbing a fraction of available supply. Months of supply near 5.8 mirrors the Tarrant County average closely, though the low pending count relative to active inventory points toward continued buyer selectivity rather than competitive pressure. New listings in the trailing window total near 55, keeping supply replenishment steady without materially tightening conditions.
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Market data last updated May 20, 2026, 1:26 AM CDT · Editorial updated May 11, 2026, 5:08 PM CDT
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