Grapevine Home Values

Price per square foot in Grapevine held near $265 in the trailing quarter, based on MLS data for 2026-08 closings in Grapevine — a premium of more than 42 percent over Tarrant County's roughly $186 figure, a gap that has continued to widen rather than narrow. Sellers captured close to 99 cents on the dollar at closing, outperforming the county's own return of just under 98 cents. Concession activity ticked higher, with roughly half of transactions including some form of buyer relief, though the typical concession amount fell to about $6,200, down from nearly $6,800 across the trailing year. The median sale price landed near $623K, a modest gain over the annual figure.

Four months of supply in Grapevine continues to undercut Tarrant County's five-month reading, even as pending contracts fell further — to just 23, extending the pullback flagged last month. New listings held near last month's pace at about 185, while active inventory stayed level near 184 homes. The combination keeps Grapevine's cushion narrower than the county's broader market, though the shrinking pending count suggests that gap could close if the slowdown persists into fall.

Nearly 130 homes closed in Grapevine this quarter, a volume base that lends real confidence to this month's price data, based on MLS data for 2026-07 closings in Grapevine. Price per square foot held steady near $271, consistent with last month's reading and still comfortably above the trailing annual figure of about $264. The median sale price climbed to nearly $629K, and sellers continued to capture close to 98 cents on the dollar at closing. The share of homes selling below list price fell notably from the annual baseline, while concession activity ticked higher: just over half of transactions included some form of buyer relief, averaging roughly $7,500, up from about $6,900 across the trailing year.

Grapevine's pipeline points to a slowing pace heading into fall. Pending contracts dropped to 40, roughly half of last month's total, even as new listings held near 193 and active inventory edged up to 182. That imbalance pushed months of supply just past the four-month mark for the first time in recent readings, a threshold that typically signals a shift in negotiating leverage. Tarrant County's own supply sits near five months, so Grapevine's cushion, while still comparatively tight, is narrowing.

While Tarrant County's median price per square foot settled near $186 in the latest quarter, Grapevine recorded roughly $270 — nearly half again as much — based on MLS data for 2026-06 closings in Grapevine. That gap has widened slightly from the trailing annual figure of about $264 per square foot, reflecting a market that continues to price at a significant premium to its county context. Sellers here captured close to 99 cents on the dollar at closing, outpacing the county average by nearly a full percentage point. Concession activity increased compared to the annual baseline — more than half of transactions included some form of buyer relief — though the median sale price of roughly $610K reflects a market operating in a distinctly different register than Tarrant County's broader $350K median.

Grapevine's supply conditions remain tighter than the county norm heading into summer. With roughly 3.7 months of supply against Tarrant County's nearly five months, the market carries less buffer than the broader region. Active inventory held at about 165 homes while 71 contracts moved to pending status against 196 new listings — a ratio that keeps absorption running at a measured pace. The pipeline does not signal a supply surge on the horizon; new listing activity is entering the market, but pending volume has not kept pace, leaving the months-of-supply reading stable and compressed relative to county.