76115 Home Values

Price per square foot in 76115 slid to roughly $131 this quarter, a step down from the mid-$140s a month earlier and well short of Tarrant County's $184. With just a dozen closings, price signals here carry wide confidence intervals, so the drop reads as directional rather than definitive. Based on MLS data for 2026-09 closings in 76115, the typical sale still closed near $214K, which hints at a mix shift toward larger or lower-per-foot homes rather than falling values outright. Sellers gave back roughly two and a half cents on the dollar, and half of sales carried concessions averaging about $4,100, lighter than in recent months.

Pending contracts in 76115 fell to just four against 33 active listings, one of the thinnest ratios among tracked Tarrant County geos, while about two dozen new listings kept arriving. Months of supply near eight and a third sits far above the county's five, and with so few local closings behind the numbers, Tarrant County's steadier absorption remains the more reliable guide to direction. Active inventory has edged down from three dozen, yet contract activity offers little sign of a rebound. Homes lingering about five weeks, against roughly four countywide, keep the pipeline tilted toward buyers.

While Tarrant County's price per square foot held near $186 this quarter, 76115 priced well below that mark at roughly $143 — a wider discount than the $163 median implied across the trailing twelve months. Based on MLS data for 2026-08 closings in 76115, the typical sale still closed near $208K, but sellers gave back more than three cents on the dollar at closing, continuing a pattern from recent months. Nearly half of transactions carried a concession, though the average eased to roughly $4,600. With only eleven closings recorded, these figures carry wide confidence intervals, but the gap to county pricing has held for several months running.

New listings in 76115 kept arriving at a pace roughly on par with earlier in the year, but active inventory has settled near three dozen units with little movement either direction. Against that backdrop, months of supply near eight and a half remains nearly double Tarrant County's roughly five-month benchmark, one of the wider gaps among tracked geos this quarter. Pending activity stayed modest, suggesting the county's faster absorption pace has yet to show up locally.

With just nine closings recorded, 76115's numbers this quarter carry wide confidence intervals — but the direction is notable. Two of every three closed sales settled below asking price, up from roughly half the quarter prior and a wider gap than Tarrant County typically shows. Based on MLS data for 2026-07 closings in 76115, sellers gave back close to four and a half cents on the dollar at closing on average. Concession activity eased, though: just under half of transactions carried a seller-paid concession, down from nearly two-thirds last month, with the average sliding to roughly $7,000. Price per square foot held near $146, a discount to the county's $186 benchmark.

Tarrant County's absorption pace continues to outstrip 76115's: months of supply here held near ten and a third against the county's roughly five, more than double the countywide benchmark. Active listings ticked up to 31 even as pending contracts slipped to just three, down from five the month prior — one of the thinnest pending-to-active ratios in the county. New listing activity eased only modestly to 23, meaning little near-term relief for the standing overhang. Homes here also continue to sit well beyond the county's typical pace, a pattern that keeps buyers holding the stronger hand.