76177 Home Values

Nearly four in ten closings in 76177 settled below asking price this quarter, even as sellers overall recouped close to 98 cents on the dollar at the table — a combination pointing to buyers still carving out room to negotiate on a meaningful share of deals. Based on MLS data for 2026-08 closings in 76177, price per square foot held near $178, essentially flat against the trailing-year figure, while the median sale price eased to roughly $368K from the $373K annual mark. With 72 closings behind this quarter's numbers, the pattern reads as directional rather than definitive, but concessions touched nearly two in three transactions here, running above Tarrant County's rate of just under six in ten.

Months of supply in 76177 tightened to just over four, dipping below Tarrant County's broader benchmark of five and suggesting local inventory is thinning faster than the countywide pace. Active listings held near 104, down modestly from earlier in the year, while pending contracts fell to just 8 — a thin contract pipeline that, paired with tighter supply, complicates the below-list negotiating room buyers found in recent closings. New listings continued arriving at a steady pace of 85, not yet enough to reverse the supply pullback.

For the second straight month, homes in 76177 are closing faster than they did a year ago, with the trailing quarter's pace of roughly 24 days on market extending a sharp compression from the 36-day norm seen across the full trailing year. Based on MLS data for 2026-07 closings in 76177, price per square foot has held near $179, essentially flat against the annual figure, while the median sale price sits close to $388K. Sellers are recouping nearly all of their asking price at the table, and the share of buyers closing below list has narrowed considerably from the year-long average, even as concession dollars given back have eased from the annual norm.

Pending contracts in 76177 fell sharply this quarter, dropping to roughly 46 homes under contract against 115 active listings — a gap that has widened even as new listings continued arriving at a steady clip. That imbalance, paired with the faster closing pace, points to a market where available homes are turning over quickly but the contract pipeline feeding next quarter's closings has thinned. Months of supply eased to just under five, tracking close to the Tarrant County benchmark, suggesting the pending slowdown is a local signal rather than a countywide pattern.

Price per square foot in 76177 has firmed to roughly $178 in the most recent quarter, nudging above the trailing-year average and suggesting that closed-sale valuations are holding even as the annual median sale price drifts near $385K. Based on MLS data for 2026-05 closings in 76177, homes are spending about 25 days on market before closing — down sharply from the 37-day pace that defined the prior twelve months. The share of closings where buyers secured below-list pricing has compressed significantly, and sellers are now recouping just over 99 cents on the dollar at the table. Concession frequency remains above half of all transactions, though the average dollar amount given back has retreated from the full-year norm, signaling that the limited sample of recent deals tilts slightly toward seller resilience.

Active listings in 76177 stand at roughly 105 homes against a pending count of just 43, producing a supply imbalance that directionally favors sellers heading into the summer window — though the moderate transaction volume means these signals carry some uncertainty. New listing activity added about 84 homes to the pool over the quarter, a pace that has not been enough to close the gap with absorption. Months of supply sits near 4.7, marginally above the Tarrant County benchmark of 5.0, suggesting 76177 is tracking close to the broader county tempo. If pending momentum does not accelerate, the growing ratio of active to under-contract homes could gradually restore negotiating room for buyers.