76040
Fort Worth, Texas

The Fort Worth 76040 market reports a median sale price of $385,000 as of February 2026, representing a sharp 21.8% year-over-year increase that significantly outpaces regional inflation. Homes are moving at a moderate pace with an average 41 days on market, while only 6% of properties close above list price—indicating demand exists but competitive bidding remains limited. This pricing velocity suggests strong appreciation without the frenzied conditions that typically characterize overheated markets.

Current conditions favor sellers who purchased before 2024, as the 21.8% annual gain provides substantial equity capture opportunities. Cash-flow investors face compression given the rapid price appreciation relative to rental rate growth in this price tier. Buyers willing to accept the 41-day market timeline can negotiate more effectively than the 6% above-list metric would suggest in tighter markets, particularly on properties that haven't generated multiple offers within the first two weeks.

The PropIQ score of 75 signals neutral territory where momentum could shift in either direction based on mortgage rate movements and inventory additions. The moderate days-on-market figure combined with minimal above-list closings suggests the 21.8% growth rate is unlikely to sustain through year-end 2026. Watch for DOM creeping past 50 days or active inventory increasing beyond 15% month-over-month as early indicators of price stabilization or potential correction.