76106 Home Values

The 76106 fans out north and west of downtown Fort Worth, pulling in the historic Northside and Diamond Hill neighborhoods with the Stockyards entertainment district as its gravitational center. The housing stock skews older -- 1920s to 1950s wood-frame and pier-and-beam homes on compact urban lots. Renovation activity is heavy, with investors snapping up small-footprint houses and delivering turnkey rehabs.

The negotiation gap between list and sale prices in 76106 remained narrow in recent months — sellers received close to full asking price at closing — but the headline story in this zip code is how long homes are sitting before they close. Based on MLS data for trailing closings in 76106, the median time to close stretched to roughly nine weeks, more than double the pace seen across Tarrant County. Price per square foot held near $188, and median sale price came in around $260K. With only three dozen closings in the latest quarter, the limited sample suggests directional softening in velocity rather than a definitive trend.

The pipeline in 76106 shows a meaningful imbalance between supply and demand. Active listings are holding steady while new listings added over the quarter outnumbered pending contracts by nearly two-to-one — a ratio that points toward continued absorption challenges heading into summer. With roughly 48 new listings entering the market against only 27 pending contracts, the supply gap is widening. Months of supply in the zip sits above county norms, suggesting buyers in this segment retain meaningful flexibility in their timing.