76023
Fort Worth, Texas
Fort Worth 76023 needs watching.
The 76023 ZIP code in Fort Worth, Texas has a median sale price of $339K, down -14.2% year-over-year. Homes spend an average of 109 days on market, with 19% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76023.
# Market Report: Fort Worth 76023
The 76023 ZIP code shows clear deceleration with a median sale price of $338,830, down 14.2% year-over-year—a significant correction from previous levels. Homes are spending 109 days on market, well above the rapid turnover characteristic of seller-driven conditions. Only 19% of properties are selling above list price, indicating buyers now hold negotiating leverage. This represents a fundamental shift from the competitive bidding environment that defined this market in prior years.
These conditions favor patient buyers with financing secured and flexibility on closing timelines. The 109-day absorption period gives purchasers room to conduct thorough due diligence and negotiate repairs or concessions. Sellers facing time constraints or holding multiple properties should prepare for extended marketing periods and realistic pricing strategies. Investors seeking cash flow over appreciation may find entry points, but the 14.2% decline demands careful underwriting of future value assumptions and hold-period calculations.
The PropIQ score of 60 signals caution rather than crisis, suggesting stabilization remains uncertain. Key indicators to monitor include whether days-on-market extends beyond 120 days and if the percentage of above-list sales drops below 15%, which would confirm further weakening. The current data points to a market searching for a floor rather than one poised for immediate recovery. Price discovery continues as 2026 progresses.
What is the median home price in 76023 Fort Worth?
The median sale price in 76023 is $339K, down -14.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Fort Worth 76023?
Homes in 76023 Fort Worth spend an average of 109 days on market before going under contract.
Is Fort Worth 76023 a good place to invest in real estate?
Folio's PropIQ™ score for 76023 is 60/100 — a Caution signal. 19% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 76023?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 60 = Caution in 76023 Fort Worth, Texas.