76244 Home Values

Price per square foot in 76244 held flat at $172 for the quarter, matching the trailing-year average even as the pace of transactions kept quickening. Based on MLS data for July 2026 closings in 76244, median days on market fell to 20 — extending a multi-month acceleration that began in the spring — while closed transactions ran well ahead of the trailing-year quarterly pace. Sellers continued to gain ground at the table: list-price receipt edged up to nearly 98.5 cents on the dollar, and the share of sales closing below list narrowed further, to roughly one in three, continuing the contraction flagged last month. Concession amounts eased modestly even as concession frequency held near six in ten deals.

Months of supply in 76244 slipped to just under four, crossing below the threshold that has historically marked the line between balanced and seller-favoring conditions, with the trailing-year average still running closer to five months. New listings kept pace with the tightening, arriving faster than the average quarterly rate implied by the past year, while pending contracts trailed that same pace — a gap that suggests absorption, not oversupply, is driving the faster clock. Active inventory held near last month's level, keeping the pipeline signal consistent with the accelerating transaction pace reported this quarter.

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.