76116 Home Values
76116 Market Snapshot
| Active 211 listings | New 59 30 days | Closed 51 30 days | Pending 14 30 days | Supply 5.9 months | Absorption 41.7% monthly | Over List 0.5% sold above | Under List 40.9% sold below | Concessions 46.7% % of solds | Avg Concession $7,689 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.
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Market data last updated May 7, 2026, 5:21 AM CDT
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