The story of this market
The typical home in ZIP 76071 sells for about $304,000, or $165 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,990 a month.
ZIP 76071 — Newark
The market in 76071 is currently experiencing a cooling phase with a slight year-over-year decline in median prices. High interest rates and inventory levels are contributing to longer days on market, though the area remains a viable option for those seeking exurban value. Some figures, such as specific permit data, were not available at the ZIP level.
This ZIP is well-suited for families and commuters seeking more affordable, spacious housing options outside the dense urban core of Fort Worth while maintaining access to regional employment.
Median prices moved down 2.4% year over year.
Homes spend a median of 68 days on market with 4.1 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 76071, Texas
Schools serving the area are primarily part of the Northwest Independent School District, which generally maintains a positive reputation in the region.
The area is subject to standard North Texas climate risks, including severe thunderstorms and occasional high-wind events; flood risk is localized.
Newark is experiencing steady residential growth as an exurban extension of the Fort Worth metro area, benefiting from proximity to major employment hubs in Tarrant County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuters typically rely on personal vehicles for access to Fort Worth and the broader DFW metroplex via state highways.
The area offers access to rural outdoor activities, including proximity to Eagle Mountain Lake and local community parks.
The rental market is characterized by moderate demand, with rents reflecting the area's exurban nature and limited multi-family inventory.
The local economy is largely driven by the broader DFW metroplex, with residents commuting to major employers in Fort Worth and the surrounding industrial corridors.
Development is primarily focused on low-density residential expansion.
Parcels are subject to school district taxes, primarily Northwest ISD, alongside county and emergency service district levies.
Property insurance premiums in this region are influenced by North Texas severe weather patterns, including hail and wind risk.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Andretti Indoor Karting & Games Fort Worth4.312.5 mi
- Ninja Kidz Action Park518.3 mi
- Burger's Lake4.516.1 mi
- Hawaiian Falls Roanoke4.314.8 mi
- Urban Air Trampoline and Adventure Park4.118.2 mi
- Dickies Arena4.619.6 mi
- Texas Motor Speedway4.711.9 mi
- Billy Bob's Texas4.516.9 mi
- Joe T. Garcia's4.217.3 mi
- Fort Worth Convention Center4.420 mi
- Cinemark Alliance Town Center XD and SCREENX4.412.2 mi
- Andretti Indoor Karting & Games Fort Worth4.312.5 mi
- Main Event Fort Worth North4.311.9 mi
- Fort Worth Nature Center & Refuge4.711.2 mi
- Eagle Mountain Park4.74.9 mi
- Fort Worth Stockyards4.817 mi
- Fort Worth Botanic Garden4.719.7 mi
- Fort Worth Museum of Science and History4.419.4 mi
- Kimbell Art Museum4.819.2 mi
- Modern Art Museum of Fort Worth4.719.2 mi
- Fort Worth Nature Center & Refuge4.711.2 mi
- Eagle Mountain Park4.74.9 mi
- Haslet Community Park4.68.2 mi
- Shady Grove Park4.47.2 mi
- Northwest Community Park4.411 mi
- West Bay Marina & RV Park4.45.2 mi
- Fort Worth Boat Club4.67.8 mi
- Lakeview Marina- Fort Worth, TX4.54.2 mi
- BigShots Golf4.211.7 mi
- Cross Timbers Golf Course4.49.6 mi
- The Golf Club at Champions Circle4.111.4 mi
- H-E-B4.612.1 mi
- Tanger Outlets Fort Worth4.512 mi
- T.J. Maxx & HomeGoods4.311.8 mi
- WinCo Foods4.212 mi
- Alliance Town Center4.511.9 mi
- Dallas Fort Worth International Airport4.127.1 mi
- Arlington Memorial Hospital Heliport4.427.9 mi
- Capital One Lounge at DFW426.7 mi
- The Club DFW3.926.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides regional water recreation and fishing access.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).