76487
Fort Worth, Texas
Fort Worth 76487 needs watching.
The 76487 ZIP code in Fort Worth, Texas has a median sale price of $470K, down -11.0% year-over-year. Homes spend an average of 100 days on market, with 22% of homes selling above list price.
Folio's PropIQ™ score of 56 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76487.
The 76487 market shows clear cooling with the median sale price reaching $470,000, down 11.0% year-over-year, representing a significant price correction from previous levels. Homes are averaging 100 days on market, indicating extended selling timelines compared to peak conditions. Only 22% of properties are closing above list price, a metric that confirms diminished buyer urgency and reduced competitive pressure. This data reflects a market transitioning from seller advantage to more neutral territory.
Price-sensitive buyers gain negotiating leverage in these conditions, particularly those willing to wait through the 100-day average marketing period for motivated sellers. The 11.0% annual decline creates entry points for primary residence buyers who were previously priced out during appreciation cycles. Sellers with equity cushions and flexible timelines can still transact at $470,000 median, but those requiring quick exits face headwinds with only one in five properties commanding above-ask prices.
The PropIQ score of 56 signals caution, suggesting continued price discovery and potential for further softening before stabilization occurs. The combination of triple-digit days-on-market and sub-25% above-list closings indicates demand has not yet equilibrated with current pricing. Monitoring month-over-month inventory levels and subsequent price adjustments will determine whether the 11.0% decline represents a correction floor or midpoint in a longer adjustment cycle.
What is the median home price in 76487 Fort Worth?
The median sale price in 76487 is $470K, down -11.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Fort Worth 76487?
Homes in 76487 Fort Worth spend an average of 100 days on market before going under contract.
Is Fort Worth 76487 a good place to invest in real estate?
Folio's PropIQ™ score for 76487 is 56/100 — a Caution signal. 22% of homes sold above asking.
What does a PropIQ™ score of 56 mean for 76487?
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 56 = Caution in 76487 Fort Worth, Texas.