76118 Home Values

Where Tarrant County averaged roughly $186 per square foot at close last quarter, 76118 landed closer to $196 — a premium of about five percent that has held directionally steady, based on MLS data for 2026-06 closings in 76118. Concession activity also diverged sharply: fewer than half of transactions here involved seller concessions, compared to nearly six in ten county-wide, though the limited sample of roughly five dozen closings asks for measured confidence in these signals. Sellers in 76118 captured nearly 99 cents on the dollar at closing — above the county average — and fewer than a third of buyers closed below asking, down from four in ten over the trailing year.

Supply conditions in 76118 continued to run tighter than the county norm heading into summer — roughly four months of available inventory against Tarrant County's nearly five. With about 68 active listings and 21 pending contracts, the pending-to-active ratio in 76118 is more compressed than the broader market suggests. New listing volume of roughly 71 units in the quarter has not generated a material supply overhang, and the directional gap between 76118 and the county supply level has persisted across recent periods, suggesting near-term conditions here will remain more competitive than the Tarrant average.

The sharpest signal in the most recent quarter's closed sales for 76118 is a notable compression in concession activity — down from nearly six in ten transactions over the trailing year to roughly four in ten, based on MLS data for 2026-05 closings in 76118. List-price capture tightened alongside that shift, with sellers recovering close to 99 cents on the dollar at closing. Price per square foot came in near $198, above the Tarrant County benchmark by a meaningful margin, and the median sale price landed near $367K — above the trailing-year average. Days on market at close came in around 29 days. The limited sample of roughly four dozen closings suggests these as directional signals, not definitive benchmarks, but they point consistently toward sellers holding firmer footing at the negotiating table this quarter.

The pipeline in 76118 shows supply accumulating modestly relative to pending demand — with roughly 21 pending contracts against 57 active listings and approximately 60 new listings entering the market in the most recent period. At about 3.9 months of supply, the zip sits meaningfully tighter than Tarrant County's roughly five months, suggesting near-term conditions in 76118 remain more competitive than the broader county average. New listing activity has not yet generated a sustained supply overhang, and the pending-to-active ratio continues to favor sellers heading into the next cycle.