76148 Home Values

This is classic mid-cities suburbia. Single-story brick ranches built between the mid-1970s and early 1990s, most sitting on lots just under a quarter acre. Cul-de-sacs dominate the street layout in neighborhoods like Quail Meadows, Foster Village, and Browning Park. Many homes have been gut-renovated. New construction is nearly nonexistent.

Homes in 76148 closed faster this quarter than the trailing-year pace suggests — based on MLS data for recent closings in 76148, median time on market dropped to roughly 26 days, a meaningful pullback from the 32-day annual baseline. Price per square foot held above $200, a premium that directionally separates this zip from much of Tarrant County's broader range. The concession rate eased as well: fewer sellers yielded at the table compared to the prior 12 months, though roughly four in ten homes still traded below list. With the limited quarterly sample, these signals are directional rather than definitive.

The pipeline in 76148 shows modest tension between supply and demand. New listing activity outpaced pending contracts in the most recent quarter — roughly 105 new listings against 47 pending transactions — leaving about 88 active listings on the market. Months of supply held near 3.6, keeping conditions tilted toward sellers. The pace of new supply entering the market will be the key variable to watch: if listings continue to outrun pending activity, the velocity advantage sellers have held could soften heading into the next quarter.