Is Fort Worth, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Fort Worth has remained a Seller's Market.
Key Takeaway
Fort Worth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fort Worth, TX
How much do homes in Fort Worth, TX cost?
Median Sold Price
$315,999
$168/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Fort Worth have sold for 3.6% more than they did a month ago.
Summary: The median home sold price in Fort Worth was $315,999 in June 2024, up 3.6% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $359.2K | - | N/A |
| 3 Bedrooms | $280.9K | - | N/A |
| 4 Bedrooms | $304.9K | $315.9K | +3.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Fort Worth housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes did not change.
Housing Supply in Fort Worth, TX
How many homes are available in Fort Worth, TX?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4,721 | 4,982 | +5.5% |
Summary: The Fort Worth real estate market had 4,982 homes for sale in June 2024, a 5.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 57 | 61 | +7.0% |
| 2 Bedrooms | 333 | 379 | +13.8% |
| 3 Bedrooms | 2,095 | 2,159 | +3.1% |
| 4 Bedrooms | 1,751 | 1,832 | +4.6% |
| 5+ Bedrooms | 485 | 551 | +13.6% |
Summary: The Fort Worth housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1,120 | 915 | -18.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Worth, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 915 homes were sold or pending in Fort Worth in June 2024, down by 18.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fort Worth, TX
How long does it take to sell a home in Fort Worth, TX?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 41 Days | 39 Days | -5.1% |
Summary: Homes in Fort Worth had an average of 39 days on market in Jun 2024, down by 5.1% compared to last month.
Breakdown of Home Sale Times
540 Homes Were Sold
Under 30 Days
277 Homes Were Sold
In 30 - 90 Days
98 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Worth are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 915 homes were sold in Fort Worth; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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