76177
Fort Worth, Texas

The Fort Worth 76177 market has softened considerably, with the median sale price settling at $362,500 after declining 3.3% year-over-year. Homes are averaging 59 days on market, indicating extended selling timelines compared to peak conditions. Only 7% of properties are closing above list price, marking a definitive shift from the seller-dominated environment of previous years. This price correction reflects broader normalization across suburban Fort Worth submarkets as demand recalibrates.

Price-sensitive first-time buyers gain meaningful negotiating leverage in this environment, with 93% of transactions closing at or below asking price. The 59-day marketing period allows for thorough due diligence without competitive pressure from multiple offers. Sellers with flexible timelines can still achieve transactions near the $362,500 median, but those requiring quick exits face headwinds. Investors seeking cash-flow properties may find improved entry points given the 3.3% price reduction from 2025 levels.

The PropIQ score of 55 signals caution, suggesting continued price pressure or stagnant appreciation through the next quarter. Monitoring days-on-market trends will be critical—any extension beyond 60 days would indicate further demand weakness. The single-digit above-list percentage suggests this market has not yet found its floor. Buyers should track new listing volume and price-cut frequency as leading indicators of whether the current -3.3% decline stabilizes or accelerates.