76148
Fort Worth, Texas

The Fort Worth 76148 market shows contraction with a median sale price of $272,500, down 2.3% year-over-year as of February 2026. Homes are moving in 53.5 days on average, indicating moderate absorption rates in a cooling environment. Only 21% of properties are selling above list price, a significant decline from the competitive bidding conditions that characterized previous years. This price compression reflects a fundamental shift from seller dominance to a more balanced negotiating environment.

Buyers gain substantial leverage in this market, particularly those seeking primary residences with flexibility on timing. The 53.5-day average DOM provides runway for due diligence and price negotiation, while the 21% above-list metric means 79% of transactions close at or below asking price. Investors focused on cash flow rather than appreciation should find entry points here, though the negative price trajectory demands conservative underwriting. Sellers face headwinds and should price aggressively from listing to avoid extended market time.

The PropIQ score of 60 signals caution, suggesting continued price pressure or stagnation in the near term. Key variables to monitor include inventory growth rates and whether DOM extends beyond 60 days, which would indicate deepening buyer preference. The 2.3% decline could stabilize if mortgage rates improve or accelerate if economic conditions deteriorate locally. This score suggests holding patterns rather than immediate opportunities for value capture.