Hurst Home Values

The negotiating room that gave Hurst buyers an edge earlier this year narrowed again in the third quarter, based on MLS data for 2026-07 closings in Hurst. Roughly one in four transactions closed below list, down from about one in three over the trailing year, while sellers walked away with nearly 99 cents on the dollar — the strongest list-to-sale performance in recent months. Price per square foot held near $203, modestly ahead of the trailing-year average. Concessions remained common, appearing in six in ten sales and averaging roughly $6,300, essentially unchanged from the annual figure even as pricing leverage shifted toward sellers.

Hurst's pipeline reinforces the tightening picture. Active inventory held flat at 139 listings while pending contracts fell to 38, pushing months of supply down to about three — well under Tarrant County's reading of nearly five. New listings, at 160 for the quarter, have not kept pace with how quickly homes are moving under contract, and time on market compressed to roughly two weeks from over three weeks across the trailing year. Buyers appear to have less room to maneuver heading into fall, even as new supply arrives more slowly than contracts are signed.

Homes in Hurst moved to contract significantly faster in the most recent quarter — median days on market for June 2026 closings compressed to roughly 20 days, down from about 26 over the trailing year. Based on MLS data for 2026-06 closings in Hurst, the median sale price settled near $359,000 with sellers receiving approximately 98 cents on the dollar, a slight improvement on the annual average. Nearly six in ten transactions still carried concessions averaging around $6,500, yet buyers going under contract quickly had less room on price — roughly one in three closed below list, compared to nearly four in ten over the trailing year. Year-over-year appreciation remains modest at about 3 percent.

Months of supply in Hurst slipped below 4.0 this quarter, crossing the conventional equilibrium threshold as pending contracts absorbed a disproportionate share of available homes relative to new listing activity. Roughly 167 homes entered the pipeline against 79 pending contracts over the period — a supply-to-demand ratio tighter than Tarrant County's broader reading, where months of supply runs closer to 5. The DOM compression visible in recent closings appears to be carrying into the active pipeline, with little sign of the inventory accumulation that has given buyers more room countywide.

Hurst is closing at roughly $199 per square foot — nearly eight percent above the Tarrant County median of $185 — based on MLS data for May 2026 closings in Hurst. The median sale price settled near $360,000, with sellers receiving close to full asking price at the closing table. Despite that strong list-to-sale performance, more than six in ten transactions included seller concessions averaging roughly $6,700, suggesting buyers are negotiating successfully on terms even when price holds. The year-over-year appreciation of under three percent indicates a market that is finding equilibrium rather than accelerating.

With months of supply in Hurst running at roughly 3.4 — well below the Tarrant County reading of about 5.0 — the active pipeline points toward continued seller-side advantage heading into summer. Pending contracts and new listing activity are tracking in close balance, with 76 homes under contract against 141 new listings entering the market. That ratio suggests absorption is holding steady, limiting the inventory buildout that has given buyers more room countywide. Hurst's tighter supply conditions appear likely to persist in the near term.