Is Grapevine, TX 76051 a buyer’s or seller’s market?
Grapevine is a seller’s market. With about 2.6 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 71% of U.S. ZIP codes, and #7 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Grapevine housing market right now
In the three months ending August 31, 2026, 33% of homes in Grapevine, TX 76051 sold above their list price, the typical home went under contract in 24 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 132 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 22%, homes sold faster (28 days then) and the median sale price rose 3% to $624,730. Overall, Grapevine is more competitive than a year ago, so tougher for buyers.
Within Tarrant County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Grapevine ranks #7 of 868 TX ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Fort Worth 76115 (0% sold over asking) or Arlington 76011 (0% sold over asking).
Run the numbers for 76051
Nearby markets
Arlington 76001Balanced $171 /sq ftArlington 76002Seller’s market $167 /sq ftArlington 76005Balanced $228 /sq ftArlington 76006Buyer’s market $172 /sq ft Browse all markets →Towns like Grapevine nearby
Find towns like Grapevine in other states →Where Grapevine is
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Questions about Grapevine real estate
Is Grapevine a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Grapevine, TX 76051 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Grapevine?
The typical home went under contract in 24 days in the latest three months.
Do homes in Grapevine sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Grapevine?
About 1.65% of a home’s value a year in Tarrant County, or roughly $6,600 on a $400,000 home.
What is the median home price in Grapevine?
The median sale price was $624,730 in the three months ending August 31, 2026, about $258 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology