76114 Home Values

With just over 50 closings in the latest quarter, 76114 offers a directional rather than definitive read, and the limited sample points to a quicker but still negotiated market. Based on MLS data for 2026-09 closings in 76114, homes took about a month to sell, well under the pace of the trailing year. Sellers recovered nearly 97 cents on the dollar, an improvement on last month, though close to half of closings still carried concessions averaging roughly $7,300. Price per square foot eased to about $200, still roughly nine percent above Tarrant County's benchmark, while the median sale price edged up to about $303,000 on a somewhat larger mix of homes.

Pending contracts in 76114 slid to single digits against roughly 136 active listings, the thinnest pipeline in the recent run of updates, while new listings of just over 100 for the quarter kept arriving faster than contracts. Months of supply stretched to nearly eight, versus about five for Tarrant County, even as active inventory eased from last month's roughly 150. A median time on market near one month signals that the recent quickness is not yet being replenished by new contracts, pointing to a slower close-out heading into the fall.

Price per square foot in 76114 continues to outrun Tarrant County's broader benchmark, closing near $206 this quarter against the county's roughly $186 — a premium of better than ten percent. Based on MLS data for 2026-08 closings in 76114, that per-square-foot strength stands in contrast to the zip's median sale price of about $293,000, which trails the county's roughly $356,000 figure by nearly a fifth, reflecting smaller homes rather than softer demand. Sellers recovered close to 96 cents on the dollar, below the county's near-98-cent average, even as fewer than half of closings carried concessions, running lighter than the county's roughly 58 percent rate. Homes took about four weeks to close, slightly longer than the county's pace.

The pipeline underscores that same gap with the county. Months of supply in 76114 sits near seven, well above Tarrant County's roughly five-month benchmark, even as pending contracts extended last month's pullback, thinning to just a dozen against roughly 150 active listings. New listing activity, at just over 100 units for the quarter, continues to outpace the shrinking pending count — a wider imbalance than the county-level data shows, directionally suggesting the zip carries more buyer-favorable conditions than the broader market heading into fall.

After ticking up last month, the median time to close in 76114 dropped back below four weeks this quarter — a pace nearly half the 56-day average recorded across the trailing year. Based on MLS data for 2026-07 closings in 76114, the quicker turnaround came without ceding ground on value: price per square foot held near $208, up slightly from last month and running roughly twelve percent above the Tarrant County benchmark. Sellers recovered close to 97 cents on the dollar, in line with last month, though more than half of closings still carried concessions averaging around $7,300. Directionally, with 70 sales this quarter, the faster pace reads as a genuine shift rather than noise.

The forward-looking picture in 76114 complicates that pickup in velocity. Pending contracts fell sharply to 23, down from 42 a month prior, even as active listings held near 151 and new listings settled around 120 for the quarter. Months of supply eased only slightly to about six and a half — still well above Tarrant County's roughly five-month benchmark. With new inventory continuing to outpace the thinning pending pipeline, the recent acceleration in closings may prove difficult to sustain into the next quarter.