76016 Home Values
76016 Market Snapshot
| Active 161 listings | New 60 30 days | Closed 26 30 days | Pending 3 30 days | Supply 5.7 months | Absorption 28% monthly | Over List 0.9% sold above | Under List 43.2% sold below | Concessions 61.9% % of solds | Avg Concession $7,989 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
76016 Market Trends
West Arlington Heats Up Near the Lake
West Arlington's 76016 stretches from the tree-lined subdivisions around Lake Arlington up through the estates of Dalworthington Gardens. 1970s and early-1980s brick ranches in Huntwick and Rushmoor give way to larger two-stories in Lake Park Estates and Marina Shores. Scattered among the established neighborhoods are acreage properties where hobby farms and horse setups aren't unusual.
Price per sqft in 76016 held near $175 in the most recent quarter — slightly below the trailing-year average — while the median sale price edged toward $370,000, based on MLS data for 2026-05 closings in 76016. The more striking signal is how quickly homes moved to contract: median days on market compressed to roughly 20 days, well below the 32-day annual average, suggesting the pace of deal-making accelerated even as supply held elevated. About two-thirds of sellers made concessions — directionally higher than the full-year rate — though the average amount given back at closing dipped modestly. With 69 closings in the quarter, the data is directional rather than definitive.
Active listings in 76016 held steady at roughly 130 homes, but pending contracts tell a different story: the pipeline contracted to about 42 pending deals against 132 new listings entering the market over the same period, producing a supply ratio near 5.7 months. That gap between new supply entering and contracts forming suggests absorption has not kept pace with listing activity. Tarrant County's broader pipeline shows a similar dynamic, with new listings outrunning pending volume countywide — context that gives the 76016 signals added weight despite the moderate transaction sample.
Market Updates
Price per sqft in 76016 held near $175 in the most recent quarter — slightly below the trailing-year average — while the median sale price edged toward $370,000, based on MLS data for 2026-05 closings in 76016. The more striking signal is how quickly homes moved to contract: median days on market compressed to roughly 20 days, well below the 32-day annual average, suggesting the pace of deal-making accelerated even as supply held elevated. About two-thirds of sellers made concessions — directionally higher than the full-year rate — though the average amount given back at closing dipped modestly. With 69 closings in the quarter, the data is directional rather than definitive.
Active listings in 76016 held steady at roughly 130 homes, but pending contracts tell a different story: the pipeline contracted to about 42 pending deals against 132 new listings entering the market over the same period, producing a supply ratio near 5.7 months. That gap between new supply entering and contracts forming suggests absorption has not kept pace with listing activity. Tarrant County's broader pipeline shows a similar dynamic, with new listings outrunning pending volume countywide — context that gives the 76016 signals added weight despite the moderate transaction sample.
Nearby Areas
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Market data last updated Jun 1, 2026, 6:00 AM CDT · Editorial updated May 30, 2026, 11:05 AM CDT
Homes in 76016
- 7101 Lake Louise Dr
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- 7102 Greenspring Dr
- 7103 Blackberry Dr
- 7103 Hawaii Ln
- 7103 Lake Powell Dr
- 7104 Big Bear Lake Dr
- 7104 Forestview Dr
- 7104 Lake Louise Dr
- 7104 Lake Powell Dr
- 7105 Blackberry Dr
- 7105 Forestview Dr
- 7105 Greenspring Dr
- 7105 Lake Mead Blvd
- 7105 Lake Powell
- 7106 Blackberry Dr
- 7106 Cadillac
- 7106 Lake Louise Dr
- 7106 Lake Mead Blvd
- 7106 Lake Powell Dr
- 7107 Layla
- 7108 Big Bear Lake Dr
- 7108 Bowman Springs Rd
- 7108 Greenspring Dr
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