76244 Home Values

The share of 76244 transactions closing below list has contracted sharply — roughly one in three sales settled under asking in the most recent quarter, down from nearly half over the prior twelve months. Based on MLS data for June 2026 closings in 76244, sellers recovered more of their asking price at closing than the annual baseline suggests, with list-price receipt running close to ninety-eight and a half cents on the dollar. Price per square foot settled near $168, just below the trailing-year average of $172. The average concession amount pulled back to roughly $5,900 from nearly $6,900 annually, even as the share of deals carrying concessions edged slightly higher — a split that points to sellers holding firmer on dollar amounts while still participating in the concession game.

Active listings in 76244 climbed roughly 15% from the prior month, reaching about 306 units, while new listing activity paced at approximately 345 for the quarter — a 12% increase from May. Months of supply is holding near four, remaining meaningfully below Tarrant County's broader reading of roughly five months. With about 132 contracts pending, the absorption rate suggests demand is keeping pace with the added supply so far, though the inventory build represents the first notable accumulation since early spring and bears watching heading into the second half of the year.

Median days on market in 76244 fell to 22 days in the trailing quarter — more than a week faster than the zip code's own trailing-year pace of 29 days — signaling a notable acceleration in transaction velocity. Based on MLS data for May 2026 closings in 76244, price per square foot settled near $169, modestly below the annual average, while median sale price held close to $398K. Sellers conceded slightly less at closing than the annual average — the average concession amount pulled back to roughly $5,900 from nearly $6,900 over the full year — suggesting that while concession rates edged higher, the depth of those concessions is narrowing. Just under 35% of transactions closed below list, down from about 45% over the trailing year, a shift that reflects tightening negotiation outcomes.

Active inventory in 76244 held steady at about 267 listings while new listing activity brought 309 units to market over the most recent quarter — a pace that has kept supply from accumulating despite the faster absorption signaled by compressed days on market. Months of supply slipped to just under four, crossing below the threshold that historically separates balanced from seller-favoring conditions, even as Tarrant County overall remains closer to five months. With roughly 124 contracts pending, the pipeline suggests near-term demand is absorbing new supply without significant backup, a dynamic that could sustain the current velocity trend heading into summer.