76120 Home Values

Closings in 76120 are taking noticeably longer to complete: the typical sale now needs roughly two months from listing to close, nearly double Tarrant County's pace and about 30 percent slower than the trailing-year norm. Based on MLS data for 2026-10 closings in 76120, the quarter's roughly 43 sales, a limited sample, directionally show prices holding regardless, with price per square foot near $181 against the county's $184 and about one in nine sales closing above list. Still, roughly two-thirds of deals carried seller concessions averaging near $8,400, suggesting the slower pace is being paid for in negotiation rather than headline price.

Pending contracts in 76120 totaled just ten for the quarter against roughly 63 new listings, more than six listings for every contract written. Active inventory holds near 81 homes, and months of supply near six runs a bit above Tarrant County's five-month reading, while stretched marketing times reinforce that the pipeline is absorbing slowly. Unless contract writing picks up, the gap between listings arriving and homes going under contract points to continued sluggish movement into the winter months.

Closed transactions in 76120 took close to seventy percent longer to reach the table than the Tarrant County median this quarter — 47 days against the county's 28 — even as price landed almost in line with the broader market. Price per square foot settled near $180, just a few dollars under the $184 county benchmark, and the trailing-year record still shows a roughly ten-percent price decline. Based on MLS data for 2026-09 closings in 76120, nearly two-thirds of the quarter's 44 closings carried a seller concession, running a few points above the countywide share — directionally, sellers appear to be trading time on market for a price roughly matching the county's own.

The pipeline points to the same lag: months of supply in 76120 sits at roughly six, running about a fifth higher than Tarrant County's five-month reading, consistent with the extended time properties are spending under contract. New listings continued arriving at a brisker pace than pending agreements were being written, keeping active inventory steady near 90 homes. That wider supply cushion relative to the county suggests the absorption gap driving longer marketing times shows little sign of narrowing heading into fall.

An uptick in closings — 48 in the trailing quarter versus roughly 43 the month prior — was 76120's clearest signal this cycle, even as the typical closed transaction took longer to reach the table: 41 days on average, up from 37 over the trailing year. Price per square foot held near $179, about four percent below the $186 Tarrant County benchmark, while median sale price was flat near $316,000. Based on MLS data for 2026-07 closings in 76120, sellers still gave ground: nearly six in ten transactions carried a concession, though the average eased to roughly $9,800 from a swollen prior-quarter figure. With no closings above asking, deal pace appears to be outrunning pricing power.

The pipeline behind those closings has thinned sharply: pending contracts stand at just 6, down from roughly 21 a month earlier, even as new listings continued arriving at a steady 63 for the quarter. That imbalance — supply refreshing faster than contracts are being written — points toward a widening gap between listing activity and buyer follow-through. Months of supply eased to just over five, still above the county's roughly five-month reading, suggesting the deal pace picking up in closed data has yet to translate into a comparably brisk contract pipeline.