76005 Home Values

The 76005 zip is essentially the Viridian story -- a master-planned lakeside community anchoring Arlington's northwest corner. Housing stock spans townhomes starting in the low $300s through custom lakefront builds north of a million. The Elements section caters to the 55-plus crowd. New construction from David Weekley and Drees is still delivering, and a significant build-to-rent footprint from Tricon Residential adds density.

While Tarrant County's trailing-quarter median lands near $185 per square foot, 76005 is tracking roughly $252 — a premium of more than a third above the county benchmark, based on MLS data for 2026-05 closings in 76005. The median sale price directionally confirms the divergence, running well above the county figure. Homes here also spent about twice as long on the market as the county median before closing. Concession behavior is notably different: sellers in 76005 granted concessions in fewer than three in ten transactions this quarter, compared to more than half of county closings — though the directional sample warrants some caution given the moderate transaction volume.

The pipeline in 76005 shows a pronounced imbalance between new supply and active demand. New listing activity outpaced pending contracts by a wide margin this quarter, with fewer than one in three active listings under contract at any given point. Months of supply sits above six — higher than the county's five-month reading — pointing to conditions that continue to favor buyers relative to the broader Tarrant market. Whether that gap narrows will depend on whether pending activity picks up as the summer selling season progresses.