76131 Home Values

Nearly half of the homes that closed in 76131 this quarter sold below asking, and two in three came with seller concessions averaging roughly $7,900, based on MLS data for 2026-10 closings in 76131. Price per square foot held near $176, essentially unchanged from September, while the median sale price stayed close to $339,000. Sellers still collected just over 98 cents on the dollar, and fewer than one in forty sales closed above list. Homes took about a month to sell, in line with the county's pace, with roughly 210 closings anchoring the read.

Pipeline data in 76131 keeps the buyer-leverage reading intact: months of supply sit just over five, a shade above Tarrant County's roughly five-month benchmark and easing slightly from September. Active listings near 360 are being refilled by roughly 300 new arrivals over the quarter, while only about 30 contracts are pending, a thin conversion rate that leaves standing supply little room to shrink. County pending activity is similarly modest against its inventory, so the local gap reflects degree rather than direction.

While Tarrant County’s concession rate held near six in ten sales this quarter, sellers in 76131 gave ground far more often — nearly two in three closings included some form of concession, based on MLS data for 2026-09 closings in 76131. Price per square foot settled at $177, still running a few dollars below the county’s roughly $184 median, though that gap has held steady rather than widened. Sale prices followed the same pattern, landing near $340,000 against the county’s $352,000. Sellers nonetheless collected just over 98 cents on the dollar at closing, a shade ahead of the county’s pace, with roughly 213 sales confirming the trend.

The supply gap that separates 76131 from the broader county mirrors the pricing pattern: months of supply near 5.4 sit modestly above Tarrant County’s five-month benchmark, a pipeline signal that keeps conditions tilted a touch further toward buyers locally than countywide. New listings kept arriving at a brisk pace relative to active inventory, roughly matching the pace seen across the county, while pending contracts remained a thin slice of standing supply — consistent with the wider concession activity showing up in closed transactions.

Closing timelines in 76131 compressed markedly this quarter: homes that sold spent roughly four weeks on the market, about two weeks faster than the trailing year's median, based on MLS data for 2026-07 closings in 76131. Price per square foot held essentially steady near $177, alongside a median sale price close to $350,000, continuing a stretch of flat pricing that has now run several months. Concessions remained common, appearing in better than seven of every ten sales and averaging roughly $7,800, while sellers collected roughly 98 cents on the dollar at closing, edging up from the prior period. Fewer than one in twenty-five sales closed above list.

Even as closing speeds picked up, the broader pipeline in 76131 tells a more mixed story: pending contracts continue to trail new listings by a wide margin this quarter, meaning the standing inventory has more room to grow before it works through the system. Months of supply held close to 5.5, essentially matching the trailing-year pace rather than tightening further. Active inventory stayed flat near 380 listings, suggesting the faster turnaround among recent closings reflects well-priced homes moving quickly rather than a broad-based acceleration across the standing supply.