Lake Worth Home Values

Average concession amounts in Lake Worth ticked back up this quarter, edging past $4,600 and reversing August's brief easing — a modest sign that sellers gave a bit more ground to close deals, based on MLS data for 2026-09 closings in Lake Worth. Price per square foot held near $170, a shade below the trailing annual average, while sellers still collected roughly 96 cents on the dollar overall. Just over a third of transactions closed below list, holding roughly steady after August's jump, and nearly half carried some form of concession. With fewer than 20 closings this quarter, the limited sample suggests sellers are conceding more per deal even as headline pricing metrics stayed comparatively firm.

Pending contracts in Lake Worth held at just two for a second straight quarter, keeping the pipeline thin against 42 active listings. Months of supply eased slightly to about six and a half — still well above Tarrant County's reading near five — even as time-to-contract held closer to a month, roughly matching the county's pace. New listing activity stayed near last quarter's level, doing little to close the gap between available and under-contract homes. That persistent gap complicates the modest firming implied by this quarter's closing data, leaving sellers with better footing on price than on pace.

The share of Lake Worth homes selling below list price climbed back toward its year-ago level this quarter, nearly doubling from last month's reading and pointing to renewed buyer footing at the table. Price per square foot held essentially flat near $180, based on MLS data for 2026-08 closings in Lake Worth, a few dollars under Tarrant County's median. The median sale price pulled back to roughly $230,000, a sharper move than the per-foot figure suggests. Average concession amounts also eased to about $4,200, even as sellers still collected roughly 96 cents on the dollar at closing. With 19 closings this quarter, the reversal in under-list sales is directional but consistent with a market tilting back toward buyers.

Pending contracts in Lake Worth slipped to just two this quarter, extending a thinning trend that has held for several months, even as active inventory stayed steady near 45 listings. Months of supply eased further to roughly seven — still well above Tarrant County's reading near five, but moving opposite the buyer-leverage signal flashing in closed sales. New listing activity picked up modestly from the prior quarter's slower pace, keeping the gap between available and under-contract homes wide and leaving the pipeline read more mixed than closed data alone would suggest.

Price per square foot in Lake Worth reached roughly $182 this quarter, up from $175 a year ago and just under Tarrant County's median. Based on MLS data for 2026-07 closings in Lake Worth, the median sale price landed near $260,000, up nearly 9% year over year. Only one in five closings sold below list, down from roughly a third last year, while sellers collected near full asking price, nearly matching the county rate. Fewer than half of transactions carried concessions, a lower share than Tarrant County overall, and average concession amounts eased to roughly $6,000. With 15 closings this quarter, the pullback in under-list sales is directional, but it suggests sellers held firmer ground than the pipeline would imply.

Pending contracts in Lake Worth fell to just three this quarter, continuing the thinning trend from Q2 and leaving active inventory of 44 listings looking especially heavy by comparison. Months of supply eased slightly to under nine but remains well above Tarrant County's reading near five, underscoring how much more slack exists locally than county-wide. New listing activity also slowed from the prior quarter's pace, yet the gap between what's on the market and what's under contract widened further, pointing to continued buyer negotiating room heading into fall.