Grapevine Home Values

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.

Price per square foot in Grapevine reached roughly $268 in the latest quarter, edging above the trailing annual average and anchoring a market that remains well above county norms, based on MLS data for 2026-05 closings in Grapevine. Sellers captured nearly 99 cents on the dollar at closing — a meaningfully tighter gap than the full-year average — while the share of transactions closing below list price fell sharply compared to the annual baseline. Concession activity ticked up, with more than half of sellers offering some form of buyer relief, though average concession amounts stayed near $7,000. The annual median sale price of roughly $602K reflects a modest year-over-year gain of about 3%.

Grapevine's pipeline signals an accelerating pace heading into summer. At roughly 12 days median time on market — less than half the trailing annual figure — velocity in this market is running well ahead of the broader Tarrant County average of nearly a month. Active inventory held steady at about 143 homes while pending contracts reached 66 against 176 new listings, sustaining a months-of-supply reading just under four. That supply cushion keeps conditions balanced, but the compression in days on market suggests demand absorption is outpacing what inventory levels alone would imply.