76115 Home Values

The 76115 corridor runs south of downtown through neighborhoods built out in the 1950s and 1960s, mostly compact two- and three-bedroom brick ranch homes on generous lots. Streets off McCart Avenue and near Southwestern Seminary carry the bones of postwar working-class Fort Worth. A handful of newer duplexes and infill construction have started filling vacant parcels.

Price per square foot in 76115 reached roughly $197 in the most recent quarter — a meaningful premium above Tarrant County's $185 benchmark — though with fewer than ten closings recorded, those signals carry wide confidence intervals. Based on MLS data for recent closings in 76115, the typical sale landed at around $230K. Sellers gave back more than four cents on the dollar at closing, and nearly two-thirds of transactions included concessions averaging close to $9,500. The list-to-sale gap has widened noticeably compared to the trailing twelve-month picture, where concession rates ran closer to 46%.

The supply picture in 76115 diverges sharply from the Tarrant County baseline. With roughly nine-plus months of supply against the county's five, and pending contracts numbering just five against twenty-five active listings, absorption has slowed considerably. New listing activity continues to outpace the pace of contracts being written, suggesting the imbalance is unlikely to resolve quickly. Tarrant County's broader pipeline shows a much tighter pending-to-active ratio, making 76115's current conditions an outlier rather than a reflection of countywide momentum.