76059
Fort Worth, Texas

The 76059 ZIP code recorded a median sale price of $292,500 as of February 2026, representing a substantial 29.3% year-over-year increase that outpaces regional averages. Homes are moving at a measured pace with 63 days on market, while 20% of properties still close above asking price despite the elevated price growth. This combination of strong appreciation and moderate absorption rates indicates demand remains present but has cooled from peak frenzy conditions.

Sellers who purchased before 2024 can capitalize on the 29.3% annual gain, though the 63-day marketing period requires realistic pricing given that only one in five homes exceeds list price. Buyers face compressed inventory but gain negotiating leverage absent in tighter markets, with 80% of transactions at or below asking. Investors seeking appreciation plays will find the recent 29.3% climb difficult to replicate, making cash flow fundamentals more critical for underwriting future purchases in this price segment.

The PropIQ score of 70 signals neutral conditions with monitoring advisories, suggesting the sharp 29.3% price acceleration may be reaching equilibrium. The 63-day absorption rate and 20% above-ask close rate indicate neither urgent scarcity nor buyer saturation. Watch for widening days-on-market figures or increased price reductions as leading indicators of whether appreciation moderates toward sustainable single-digit growth or corrects from the current elevated trajectory.