Is Tarrant County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Tarrant County has remained a Seller's Market.
Housing Prices in Tarrant County, TX
How much do homes in Tarrant County, TX cost?
Median Sold Price
$300,999
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Tarrant County was $300,999 in June 2024, down 13.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.2M | N/A |
2 Bedrooms | $145K | $238.1K | +64.2% |
3 Bedrooms | $270K | $260K | -3.7% |
4 Bedrooms | $408.9K | $332.9K | -18.6% |
5+ Bedrooms | $489.2K | $548K | +12.0% |
Summary: Tarrant County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 64.2%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Counties
Dallas County | $266K | $331.7K | +24.7% |
Tarrant County | $349K | $300.9K | -13.8% |
Housing Supply in Tarrant County, TX
How many homes are available in Tarrant County, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
8,791 | 9,275 | +5.5% |
Summary: The Tarrant County real estate market had 9,275 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 | 74 | 79 | +6.8% |
2 Bedrooms | 572 | 625 | +9.3% |
3 Bedrooms | 3,917 | 4,057 | +3.6% |
4 Bedrooms | 3,273 | 3,435 | +4.9% |
5+ Bedrooms | 955 | 1,079 | +13.0% |
Summary: The Tarrant County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,185 | 1,791 | -18.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1,791 homes were sold or pending in Tarrant County in June 2024, down by 18.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tarrant County, TX
How long does it take to sell a home in Tarrant County, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
33 Days | 37 Days | +11.6% |
Summary: Homes in Tarrant County had an average of 37 days on market in Jun 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
1,088 Homes Were Sold
Under 30 Days
497 Homes Were Sold
In 30 - 90 Days
206 Homes Were Sold
Over 90 Days
Summary: During June 2024, 1791 homes were sold in Tarrant County; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.