76131
Fort Worth, Texas

# ZIP Code 76131 Market Report — Fort Worth, TX

The 76131 market shows signs of stagnation, with the median sale price at $345,000 reflecting a marginal -0.7% year-over-year decline. Homes are averaging 82 days on market, well above the regional velocity for appreciating submarkets. Only 15% of properties are closing above list price, indicating sellers hold minimal pricing power. This combination of flat pricing, extended absorption periods, and limited bidding activity points to a market transitioning from equilibrium toward buyer advantage.

This environment favors primary-residence buyers willing to negotiate and conducting thorough due diligence over multiple weeks. The 82-day DOM provides leverage for inspection contingencies and price concessions that wouldn't exist in faster markets. Investors face challenges here—the -0.7% price contraction and middling sales velocity suggest cap rate compression is unlikely near-term. Sellers with equity and flexible timelines can still transact at $345,000, but those requiring quick exits will likely need aggressive pricing strategies.

The PropIQ score of 55 signals heightened caution, suggesting underlying fundamentals may deteriorate before stabilizing. Watch for active listing inventory accumulation and further DOM extension, which would push this market decisively into buyer control. The 15% above-list metric could compress to single digits if employment or mortgage rate conditions shift negatively. Current data suggests sideways price movement through Q2 2026 absent external demand catalysts.