76120 Home Values

Zip 76120 covers the eastern stretch of Fort Worth from the Meadowbrook and Handley neighborhoods out to the Arlington border, with Waterchase Golf Course anchoring the southern half. Legacy 1980s brick ranches share the landscape with gated townhome communities like Mockingbird Estates delivering brand-new HistoryMaker product. The contrast between a $200K fixer and a $630K new build half a mile away is stark.

Price per square foot in 76120 held at roughly $178 in the most recent quarter — about four percent below the Tarrant County benchmark — while the broader annual trend points to a meaningful reset in where buyers and sellers are actually striking deals. Based on MLS data for 2026-05 closings in 76120, the trailing twelve-month record shows prices have compressed by roughly thirteen percent year-over-year. Sellers received back just under ninety-eight cents on the dollar at closing, and with no transactions closing above asking in the latest period, the directional data suggests the market is still working through price discovery from an earlier peak.

With roughly six months of supply on hand and new listings running well ahead of pending contracts — about 55 new listings against only 21 pending — the pipeline in 76120 points toward continued downward pressure on pricing as the market absorbs available supply. Active inventory has stabilized at around 75 homes, but the limited absorption pace suggests the gap between seller expectations and buyer offers may take additional months to close. Directionally, the supply overhang complicates any near-term price recovery.