76179 Home Values

Fewer sellers in 76179 had to cut below asking this quarter, based on MLS data for June 2026 closings in 76179: under-list closings fell to roughly four in ten transactions, down from well over half the quarter prior, while above-list sales pulled back to about one in a hundred. Sellers retained close to ninety-seven cents on the dollar at closing, a modest improvement from spring. Price per square foot held flat near $172, with the median sale price easing slightly to the low $330,000s. Concessions stayed common — nearly six in ten closings included one, averaging close to $8,000 — but the narrowing list-to-sale gap suggests sellers are finding firmer footing after several soft months.

Months of supply in 76179 eased slightly but remains well above the four-month threshold associated with buyer-favorable conditions, leaving the broader leverage picture largely unchanged from recent months. Pending contracts continue to represent a thin slice of active inventory, even as new listings keep arriving at a steady pace. Tarrant County's pipeline is moving faster and carrying noticeably less supply, underscoring that 76179's inventory overhang is a local condition rather than a regional one. Any firming in seller leverage is happening within a market that still has plenty of room to absorb.

Months of supply in 76179 reached six — well above the four-month threshold that historically marks a shift toward buyer-favorable conditions — based on MLS data for May 2026 closings in 76179. Price per square foot held at roughly $172, flat against the trailing-year average, while the median sale price settled near $335K. Sellers gave back about three cents on the dollar at closing, and nearly six in ten transactions included a concession averaging around $8,000. With more than half of closed sales finishing below list, and only about one in ten clearing above it, the negotiating environment has tilted decisively away from sellers. Prices are down roughly four and a half percent year over year, extending a softening trend.

The supply picture in 76179 points toward continued buyer leverage heading into summer. Active listings are running at roughly six months of supply against current absorption, while pending contracts represent a comparatively thin pipeline — fewer than a third of active listings have a contract in hand. New listing activity has been outpacing pending volume, suggesting the supply gap is not narrowing quickly. Tarrant County as a whole is carrying closer to five months of supply and homes are moving about a week faster there, meaning 76179 is softer than its surrounding market on both pace and inventory depth.