76040 Home Values

The 76040 zip covers south and central Euless, where the housing stock skews toward 1960s ranch homes and early-2000s traditional builds. You'll find streets lined with single-story brick homes on quarter-acre lots in neighborhoods like Huntington Place and Morrisdale Estates. Duplex and half-duplex inventory is notably present here, particularly in the GCISD-zoned pockets.

Price per square foot in 76040 settled near $194 over the latest quarter, modestly below the trailing-year average of $197, based on MLS data for 2026-05 closings in 76040. Sellers gave back roughly one-and-a-half cents on the dollar at closing — a list-to-sale ratio that nonetheless ran slightly ahead of the twelve-month norm. Nearly half of all closed transactions included seller concessions, with the average giveback approaching $7,700, a figure that reflects meaningful negotiating pressure even in a market where no homes sold above list price. The directional data suggests a cautious seller class that is adjusting expectations, though the limited sample of roughly 29 closings this quarter warrants measured interpretation.

Supply conditions in 76040 lean toward buyers heading into mid-2026. With active listings holding around 55 homes and only 17 contracts currently pending, the absorption rate implies a slower-moving pipeline than the prior twelve months suggested. Months of supply in the zip has widened to nearly six — above the county-wide reading of five — signaling that sellers face a more competitive field than the annual average implies. New listing activity outpaced pending contracts by a wide margin in the latest period, a pattern that, if sustained, would continue to widen available choice for prospective buyers in this Tarrant County submarket.