76140 Home Values

Homes that closed in 76140 took about five and a half weeks to sell, a slower clip than Tarrant County's roughly four-week pace, even as closings picked up to well over 170 across the quarter, a rebound from the roughly 110 logged a month earlier. Based on MLS data for September 2026 closings in 76140, price per square foot eased to about $171, still well below the county's $184. Concessions appeared in nearly nine of ten transactions, up from four in five, with givebacks averaging near $5,400, yet sellers still captured about 98 cents on the dollar. The median sale price held near $280,000, roughly $72,000 under the county.

Pending contracts in 76140 tripled to 15 this quarter from five a month earlier, reversing two months of thin contract activity, while new listings held near 230. Active supply eased to roughly 260 units, trimming months of supply to about four and a half, now slightly tighter than Tarrant County's five-month figure and closing a gap that had left the zip looser than its neighbors since at least June. Time on market edged longer, so the pipeline points to a market still working through inventory rather than clearing it quickly.

A surge in closings — 112 logged in the trailing quarter — gives price signals in 76140 firmer footing than the thinner samples common elsewhere in Tarrant County. Price per square foot held near $174, based on MLS data for August 2026 closings in 76140, a modest step up from the $172 baseline anchoring the market since spring, though still roughly $12 below the county's $186 median. The typical sale took 35 days to close, a few days longer than the trailing-year pace of 31 and further behind Tarrant County's faster 26-day median. Sellers continued conceding often — four in five closings included a giveback near $6,300 — while still capturing close to 98 cents on the dollar at closing.

Pending contracts in 76140 fell to just five this quarter, down from eight last month, even as new listings climbed to 229 — a widening gap suggesting absorption is stalling well below the pace new inventory is arriving. Active supply grew alongside that gap to 269 units, pushing months of supply to roughly seven, well above the five-month figure holding across Tarrant County. With pending activity this thin against such a large active pool, near-term contract volume looks set to lag the county's broader conversion pace.

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.