76114 Home Values

While Tarrant County's median price per square foot held near $186 this quarter, 76114 closed transactions landed at roughly $202 — a premium of nearly nine percent above the county benchmark. Based on MLS data for 2026-06 closings in 76114, that outperformance on per-square-foot value did not translate into stronger seller outcomes at the table: sellers recovered about 96 cents on the dollar, compared to nearly 98 cents countywide, and more than half of closed deals included concessions averaging roughly $7,600. Year-over-year, prices in the zip have retreated around eight percent, a steeper pullback than the county's overall trajectory suggests. Homes took about five weeks to close — somewhat longer than the county's pace of under a month.

With roughly six and a half months of supply, 76114 carries a meaningfully heavier inventory burden than Tarrant County's five-month benchmark — a gap that tilts negotiating conditions further toward buyers than the broader market. The pipeline shows 42 pending contracts against 149 active listings and approximately 125 new units entering the market over the trailing quarter, a pace that keeps supply elevated rather than tightening. Until pending volume closes the gap on new listing activity, conditions in 76114 are likely to remain more buyer-accommodating than the county context would suggest.

The negotiation gap between list and sale prices in 76114 narrowed over the latest quarter, with sellers recovering roughly 97 cents on the dollar at closing — a modest improvement against the full-year average. Median days on market compressed sharply to just over a month, a notable acceleration from the 60-day pace recorded across the trailing year. Based on MLS data for 2026-05 closings in 76114, price per square foot settled near $198, running somewhat above the Tarrant County benchmark of $185. More than half of closed transactions included seller concessions, with typical concession amounts near $7,700 — signaling that while homes are moving faster, buyers continued to extract meaningful value at the table. Year-over-year prices remain in negative territory, reflecting the broader softening that preceded this quarter's velocity pickup.

With 36 pending contracts against 134 active listings in 76114, the absorption pipeline remains measured heading into summer. New listing activity — roughly 113 units over the trailing quarter — is running well ahead of pending volume, keeping the months-of-supply figure near seven months and supply conditions comfortably in buyer-favorable territory. That supply gap is wider than Tarrant County's roughly five months of supply, suggesting the zip code faces more competitive seller pressure than the county median. The pace of new listings relative to pending activity will be the key signal to watch as seasonal demand patterns shift.