76123
Fort Worth, Texas
Fort Worth 76123 needs watching.
The 76123 ZIP code in Fort Worth, Texas has a median sale price of $330K, down -4.3% year-over-year. Homes spend an average of 81 days on market, with 14% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76123.
The Fort Worth 76123 market shows cooling dynamics with a median sale price of $329,990, down 4.3% year-over-year as of February 2026. Homes are averaging 80.5 days on market, indicating slower absorption rates compared to the previous year's tighter conditions. Only 14% of properties are selling above list price, a significant departure from competitive market behavior where multiple-offer scenarios drive premiums. This price compression suggests demand has softened relative to available inventory in this price segment.
Buyer conditions currently favor those with financing contingencies and negotiation leverage, particularly first-time purchasers or move-up buyers who can capitalize on the 4.3% price decline without facing bidding wars. Sellers with equity cushions and flexible timelines maintain positioning, but those requiring quick exits face the 80-day absorption reality. Investors seeking cash-flowing rentals may find entry points improved, though the 55 PropIQ score warrants careful underwriting of appreciation assumptions versus rental yield strategies.
The PropIQ score of 55 signals neutral-to-bearish momentum, suggesting further price stabilization or modest declines before equilibrium. Key monitoring points include days-on-market trend direction and whether the 14% above-list figure contracts further below 10%, which would confirm buyer dominance. Inventory levels and mortgage rate movements will determine whether this market finds a floor near current pricing or experiences additional compression through mid-2026.
What is the median home price in 76123 Fort Worth?
The median sale price in 76123 is $330K, down -4.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Fort Worth 76123?
Homes in 76123 Fort Worth spend an average of 81 days on market before going under contract.
Is Fort Worth 76123 a good place to invest in real estate?
Folio's PropIQ™ score for 76123 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 76123?
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 55 = Caution in 76123 Fort Worth, Texas.