76119 Home Values

The 76119 corridor stretches from the Polytechnic Heights streets south through Forest Hill and Edgecliff Village. Block to block, the housing shifts dramatically: tight-lot 1950s ranches sitting a short drive from 2020s build-to-rent clusters near Lake Arlington. A heavy wave of full-gut renovations has modernized kitchens and baths in the mid-century stock, while new-construction infill is adding square footage the neighborhood never had.

Price per square foot in 76119 came in at roughly $162 in the most recent quarter — about 12 percent below the Tarrant County benchmark of $185, based on MLS data for recent closings in 76119. Sellers gave back nearly three and a half cents on the dollar at closing, and nearly three-quarters of transactions included a concession, a notably higher share than the county-wide rate of roughly 58 percent. With average concessions approaching $8,500 and more than half of homes selling below list, the directional data — though based on a moderate sample — points toward sellers operating at a meaningful disadvantage relative to the broader Tarrant market.

The pipeline in 76119 reflects a supply-heavy environment that diverges sharply from county norms. Months of supply sit near 8.6, well above Tarrant County's roughly five months, suggesting local conditions remain firmly in buyer territory. Pending contracts lag well behind active listings, and new listing activity has continued to outpace the pace of signed contracts. Until pending volume closes the gap with active supply, near-term price pressure is unlikely to ease relative to the broader Tarrant market.