76140 Home Values

Price per square foot in 76140 held at $172 for a third consecutive month, based on MLS data for July 2026 closings — a gap of roughly $14 below Tarrant County's $186 median that has persisted since spring. The area's median sale price climbed to nearly $285,000, yet continued to trail the county's roughly $355,000 figure by a wide margin. Sellers here also conceded more often than their county counterparts: concessions appeared in four of every five closings, compared with roughly six in ten countywide, though the average giveback near $6,100 tracked close to the broader market's norm. Even so, sellers in 76140 still captured close to 98 cents on the dollar at closing.

New listings in 76140 landed at 210 this quarter — nearly matching total active inventory — while just eight contracts advanced to pending, a conversion rate far below the roughly one-in-six pace holding across Tarrant County's larger pool. Active supply held near 249 units, and with nearly six months of inventory on hand against the county's under-five-month figure, the submarket carries looser supply than its neighbors. The shortfall in pending activity relative to new-listing volume suggests absorption here is lagging the county trend, widening 76140's gap from the broader market this quarter.

Nearly four in ten buyers who closed in 76140 this quarter paid under the asking price — a share that, while down from about 46% over the trailing year, still signals meaningful negotiating room for purchasers in this submarket. Based on MLS data for 2026-06 closings in 76140, price per square foot held steady at $172, unchanged from the annual baseline, while the median sale came in just under $279,000. Sellers captured close to 98 cents on the dollar at closing, a modest improvement from the trailing-year figure, yet concession activity remained elevated — nearly three in four transactions included a seller concession, with the average givebacks settling near $5,800.

Supply conditions in 76140 continue to favor buyers relative to the broader Tarrant market. With roughly six months of inventory on hand — compared to under five months countywide — the zip carries one of the looser supply profiles in the region. Active listings held flat against prior-period levels while new listing volume outpaced pending contracts, widening the available pool heading into the second half of the year. The gap between active and pending inventory suggests absorption has not accelerated, leaving buyers in 76140 with selection and negotiating leverage that most Tarrant submarkets no longer offer.

While Tarrant County's trailing-quarter median reached roughly $351,000, price per square foot in 76140 settled near $172 — about $13 below the county's $185 benchmark — based on MLS data for the most recent closings in 76140. The gap runs deeper at the negotiating table: sellers here conceded on nearly seven in ten transactions, compared to fewer than six in ten across the county, and the average concession came in just under $6,000. Despite that seller flexibility, buyers in 76140 delivered close to 98 cents on the dollar at closing, a figure that modestly trails the county average. Year-over-year, values slipped less than three percent, a softer correction than many Tarrant submarkets absorbed.

The supply picture in 76140 runs slightly looser than the broader Tarrant market, with roughly five and a half months of inventory compared to the county's five months. Active listings hold steady at around 200 units while pending contracts remain limited relative to new listing volume, suggesting absorption has not tightened heading into the summer window. The ratio of pending to active listings points to a market where homes are available but not clearing at an accelerated pace, consistent with the soft concession environment recorded in closed transactions.