76002
Fort Worth, Texas

The 76002 ZIP code in Fort Worth shows a cooling market with the median sale price at $334,500, down 4.4% year-over-year. Homes are moving at a moderate pace, averaging 54 days on market, while only 25% of properties sell above asking price. This represents a notable shift from the aggressive bidding environment of previous years, with three-quarters of transactions closing at or below list price. The negative price trajectory and subdued premium sales indicate weakening demand dynamics in this submarmarket.

This environment favors buyers with financing secured and patience to negotiate. The 75% of homes selling at or below list creates room for price discovery and counteroffers that wouldn't have existed during tighter inventory conditions. Sellers face a more challenging environment but can still achieve reasonable absorption within two months if priced competitively from listing day. Investors seeking cash flow should find less competition and better entry pricing than the previous twelve-month period, though appreciation bets carry elevated risk given current depreciation trends.

The PropIQ score of 60 signals caution, reflecting mixed fundamentals that warrant close monitoring before significant capital deployment. The 4.4% price decline could stabilize or accelerate depending on broader Fort Worth employment data and mortgage rate movements through Q2 2026. Watch for changes in days-on-market velocity and the percentage selling above list—if DOM extends beyond 60 days or premiums drop below 20%, further price compression becomes probable.