76140 Home Values

Drive through 76140 and you'll see two different neighborhoods sharing a zip code. Older blocks around Everman and Forest Hill are lined with 1960s and 70s brick ranches on generous lots. Then there's the construction. D.R. Horton's Townes Landing and Orchard Village subdivisions are putting up single-story plans on compact lots as fast as concrete trucks can pour. Lennar's Eagles Crossing adds even more rooftops.

While Tarrant County's trailing-quarter median reached roughly $351,000, price per square foot in 76140 settled near $172 — about $13 below the county's $185 benchmark — based on MLS data for the most recent closings in 76140. The gap runs deeper at the negotiating table: sellers here conceded on nearly seven in ten transactions, compared to fewer than six in ten across the county, and the average concession came in just under $6,000. Despite that seller flexibility, buyers in 76140 delivered close to 98 cents on the dollar at closing, a figure that modestly trails the county average. Year-over-year, values slipped less than three percent, a softer correction than many Tarrant submarkets absorbed.

The supply picture in 76140 runs slightly looser than the broader Tarrant market, with roughly five and a half months of inventory compared to the county's five months. Active listings hold steady at around 200 units while pending contracts remain limited relative to new listing volume, suggesting absorption has not tightened heading into the summer window. The ratio of pending to active listings points to a market where homes are available but not clearing at an accelerated pace, consistent with the soft concession environment recorded in closed transactions.