76248 Home Values
76248 Market Snapshot
| Median Sale Price $646,772 ▲ 0.4% YoY | Price per Sq Ft $231 median $/sqft | Days on Market 33 list to contract | Sale-to-List 98.2% of original asking |
| Active 217 listings | New 90 30 days | Closed 42 30 days | Pending 19 30 days | Supply 5.9 months | Absorption 38.2% monthly | Over List 0.8% sold above | Under List 33.2% sold below | Concessions 44.2% % of solds | Avg Concession $7,771 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
76248 Market Trends
Established Keller Stock, Winter Buyers Pulling Back
76248 is anchored by Keller's core neighborhoods — Hidden Lakes, Bursey Ranch, Heatherwood, Marshall Ridge, Harmonson Farms — mostly built between the late 1980s and early 2000s. The median build year across recent closings lands around 1997. You see a lot of single-story brick on generous lots, many backing to greenbelts or creeks, with pools in roughly a third of listings. Lot sizes range from tight townhome-style parcels in newer sections to half-acre and full-acre spreads in pockets like Brentwood Estates and Forest View. Mature tree canopy throughout, split-bedroom floor plans, and fireplace-anchored living rooms define the prevailing character. A handful of new construction fills in at the top, but this zip is fundamentally a 90s-era established neighborhood zone.
At roughly $234 per square foot, closed transactions in 76248 over the past three months priced out at a notable premium to the broader Tarrant County market, where the recent median was near $185 per sqft. The median sale price in 76248 held close to $644,000 — approximately 83% above the county median — while sellers still gave back about two cents on the dollar on average. Based on MLS data for spring 2026 closings in 76248, about 48% of completed transactions included a seller concession averaging roughly $9,200, a somewhat lower concession rate than the broader county, where nearly 57% of closings involved seller credits.
Pipeline conditions in 76248 mirror the broader Tarrant County market more closely than pricing data suggests. Months of supply at nearly six months tracks within a fraction of the county-wide reading, and the ratio of pending contracts to active listings — roughly 83 pending against 217 active — aligns with countywide absorption pace. New listing volume of 207 over the trailing period is pacing ahead of pending conversions, a signal that supply is gradually building rather than tightening.
Market Updates
At roughly $234 per square foot, closed transactions in 76248 over the past three months priced out at a notable premium to the broader Tarrant County market, where the recent median was near $185 per sqft. The median sale price in 76248 held close to $644,000 — approximately 83% above the county median — while sellers still gave back about two cents on the dollar on average. Based on MLS data for spring 2026 closings in 76248, about 48% of completed transactions included a seller concession averaging roughly $9,200, a somewhat lower concession rate than the broader county, where nearly 57% of closings involved seller credits.
Pipeline conditions in 76248 mirror the broader Tarrant County market more closely than pricing data suggests. Months of supply at nearly six months tracks within a fraction of the county-wide reading, and the ratio of pending contracts to active listings — roughly 83 pending against 217 active — aligns with countywide absorption pace. New listing volume of 207 over the trailing period is pacing ahead of pending conversions, a signal that supply is gradually building rather than tightening.
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Market data last updated May 7, 2026, 5:21 AM CDT · Editorial updated May 11, 2026, 8:11 PM CDT
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