76119 Home Values

Price per square foot in 76119 slid to roughly $154 this quarter, undoing September's flat reading near $163 and stretching the discount to a Tarrant County benchmark in the mid-$180s, based on MLS data for October closings in the zip code. The median sale price still ticked up to about $243,000, a sign that larger, lower-priced-per-foot homes carried the mix. Sellers gave back just under two cents on the dollar at closing, and a little over half of sales included a concession, while roughly two in five closed below list. Directionally, 59 closings, a moderate sample, point to buyers holding the stronger hand.

The pipeline in 76119 reversed course from last month. Months of supply climbed back to roughly seven and a half, well above Tarrant County's five, after easing to just over six in September. Only about eight pending contracts sat against 149 active listings, a thinner conversion rate than the county's roughly one-in-thirteen pace, while the typical home needed about a month to sell, up from three weeks. With 106 new listings arriving over the quarter, the supply cushion looks set to persist.

Homes in 76119 closed in roughly three weeks this quarter, barely half the 41-day median logged over the trailing year, based on MLS data for September 2026 closings in the zip code. That quicker pace didn't come from deeper discounting: price per square foot held essentially flat near $163, still trading below the Tarrant County benchmark, while sellers gave back just over two cents on the dollar at closing, an improvement from the roughly three cents ceded over the past year. Concession activity eased too, appearing in about five in nine sales versus close to two-thirds across the trailing year, on 72 closings, a moderate sample for the zip.

The forward pipeline tells a more cautious story than the closing pace suggests. Pending contracts covered barely one in twenty of the 149 active listings in 76119 at quarter's end, a thinner conversion rate than Tarrant County's roughly one-in-thirteen pace, hinting that the burst of fast closings drew down an existing backlog rather than signaling sustained acceleration. Months of supply eased to just over six, down from the mid-sevens seen across the trailing year, even as new listings kept arriving at a steady clip and held the zip's inventory cushion largely intact.

While Tarrant County's price per square foot climbed toward $186 this quarter, 76119 kept trading almost a tenth below it at roughly $169, based on MLS data for July 2026 closings in the zip code. The zip's median sale price of about $231,000 runs nearly a third under the county's roughly $355,000 median. Sellers gave back a little over three cents on the dollar at closing, a slight improvement from the prior two months, and the concession share eased to about seven in ten after climbing for two consecutive months. With 63 closings this quarter, a moderate sample, local sellers appear to be negotiating from well behind the county's overall footing, with price down roughly 6 percent year over year.

The pipeline in 76119 echoes the county divergence showing up in closed prices. Months of supply sit near 7.3, roughly half again above Tarrant County's overall reading of about 4.9, pointing to a slower-moving local market than the broader county pipeline. Pending contracts cover only about one in nine active listings in the zip, well under the county's roughly one-in-six conversion pace, suggesting local buyers are working through inventory more slowly than the Tarrant market as a whole. Absent a pickup in contract activity, the supply overhang here looks likely to persist.