76135 Home Values

Homes under contract in 76135 are reaching the closing table faster than a year ago, with median time to close narrowing to roughly three and a half weeks, down from nearly five and a half weeks over the trailing 12 months. Price per square foot, the more durable valuation signal at this volume, is running just above $180, about six percent above the annual figure, even as the median sale price near $286,000 sits below the year's roughly $295,000 mark. Based on MLS data for 2026-07 closings in 76135, drawn from a moderate sample of 57 transactions, the average concession eased to roughly $6,500, lighter than the $7,800 logged over the trailing year.

The pipeline tells a different story than the closing data: pending contracts in 76135 have thinned sharply even as new listings kept arriving at a brisk pace and active inventory held roughly level with a year ago. The active-to-pending ratio has widened well beyond the roughly four-to-one split described last quarter, directionally suggesting fewer sellers are locking in buyers even as more homes reach the market. At around eight months of supply, well above Tarrant County's benchmark near five months, absorption in 76135 continues to lag the county pace.

Sellers in 76135 gave back nearly five cents on the dollar at the negotiating table over the trailing quarter, with the list-to-sale ratio slipping to around 96 cents received — below the Tarrant County average. The concession rate has edged above half of all closings, and the average seller contribution is running near $9,000 per transaction, up noticeably from the annual average. Based on MLS data for 2026-06 closings in 76135, roughly half of homes closed below original list price. The directional data suggests sellers are absorbing more of the transaction cost burden, though with just over 50 closings in the quarter, these signals carry wider confidence intervals than a higher-volume market would support.

The active-to-pending ratio in 76135 remains stretched at roughly four to one, well above the Tarrant County pace. New listings entering the pipeline continue to outpace contracts, with roughly 130 new listings against around 35 pending deals in the most recent quarter. At about eight and a half months of supply — nearly double the county benchmark — absorption remains sluggish, and the pipeline data does not point toward a near-term tightening of conditions for sellers.

At roughly $173 per square foot, 76135 is running about six percent below Tarrant County's closed-sale average — a discount that has persisted through recent months. Sellers gave back around three and a half cents on the dollar in the most recent closings, and the concession rate has climbed to roughly 58 percent with an average seller contribution near $10,000. Based on MLS data for April 2026 closings in 76135, nearly half of homes transacted below original list price, though the short-term median of roughly $302,000 sits slightly above the trailing annual figure near $297,000, suggesting the year-over-year decline of about three percent may be leveling.

With roughly 10 months of supply on hand, the 76135 pipeline is carrying notably more inventory than Tarrant County as a whole, which sits closer to six months. The active-to-pending ratio of roughly four to one points to sluggish absorption, and homes are spending longer on market before going under contract. New listings entering the pipeline continue to outpace pending activity, a pattern that directionally suggests near-term supply pressure is unlikely to ease quickly.