76116 Home Values
76116 Market Snapshot
| Median Sale Price $325,883 ▼ 10.3% YoY | Price per Sq Ft $195 median $/sqft | Days on Market 40 list to contract | Sale-to-List 99.6% of original asking |
| Active 135 listings | New 0 30 days | Closed 1 30 days | Pending 0 30 days | Supply 7 months | Absorption 25.2% monthly | Over List 0.9% sold above | Under List 41% sold below | Concessions 47.1% % of solds | Avg Concession $23,591 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
76116 Market Trends
Ridglea's Mid-Century Homes Test Buyer Patience
The 76116 zip anchors Fort Worth's west side, covering the Ridglea and Ridgmar neighborhoods that grew up around the country club in the 1940s through 1960s. Homes here are substantially larger than surrounding zips -- brick ranch houses with hardwood floors, wood-burning fireplaces, and mature canopy. Gated townhome communities and a handful of newer duplexes round out the edges.
Inventory has built up past the balanced threshold, giving buyers room to negotiate and compare. Fully renovated homes with modern kitchens are still trading at solid prices, but dated properties are lingering. Sellers who mistake Ridglea's prestige for automatic demand may find the market correcting that assumption.
Ridglea sellers need to pick a lane: price for the renovation buyer who sees potential, or invest in updates and price for the retail buyer who wants turnkey. The worst position is a partially updated home at a fully-renovated price -- that is exactly what is sitting.
See what's happening around your home.
Every month, we'll send you real MLS data — every sale, new listing, and price change near your address, plus market trends for your zip code, city, and county. No guesswork. Just the same data agents use.
Free forever. When you're ready to list, we're here.
Market data last updated Apr 2, 2026, 12:22 PM CDT
Selling in 76116?
Same MLS exposure. Same buyer pool. Thousands less in commissions.
See How It Works →