76115 Home Values

Homes in 76115 sat on the market for roughly 71 days before closing this quarter — more than twice the pace recorded in the trailing twelve-month window and well above Tarrant County's 29-day median. With fewer than ten closings in the period, these velocity signals carry wide confidence intervals, but the directional shift is stark. Based on MLS data for 2026-06 closings in 76115, nearly two-thirds of transactions included seller concessions averaging close to $9,500, and half of all sales closed below asking price. The list-to-sale ratio slipped further below the trailing annual baseline, suggesting sellers absorbed additional friction to move properties.

Five pending contracts against 28 active listings gives 76115 a pending-to-active ratio that remains among the thinnest in the county. New listings continued to arrive — roughly two dozen entered the market this quarter — while contracts written failed to keep pace, holding months of supply near ten and a half. Tarrant County's broader pipeline, with over 3,500 pending transactions against roughly 10,400 active listings, reflects a much tighter absorption dynamic. Until pending volume in 76115 recovers meaningfully, the supply overhang is likely to persist into Q3.

Price per square foot in 76115 reached roughly $197 in the most recent quarter — a meaningful premium above Tarrant County's $185 benchmark — though with fewer than ten closings recorded, those signals carry wide confidence intervals. Based on MLS data for recent closings in 76115, the typical sale landed at around $230K. Sellers gave back more than four cents on the dollar at closing, and nearly two-thirds of transactions included concessions averaging close to $9,500. The list-to-sale gap has widened noticeably compared to the trailing twelve-month picture, where concession rates ran closer to 46%.

The supply picture in 76115 diverges sharply from the Tarrant County baseline. With roughly nine-plus months of supply against the county's five, and pending contracts numbering just five against twenty-five active listings, absorption has slowed considerably. New listing activity continues to outpace the pace of contracts being written, suggesting the imbalance is unlikely to resolve quickly. Tarrant County's broader pipeline shows a much tighter pending-to-active ratio, making 76115's current conditions an outlier rather than a reflection of countywide momentum.