Is Tarrant County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tarrant County is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Tarrant County has remained a Seller's Market.

Key Takeaway

Tarrant County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Tarrant County, TX cost?

Median Sold Price

$325,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

-$3,415(-1.0%)

Key Takeaway

Homes in Tarrant County have sold for 1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $110K-
N/A
3 $280.3K$292.4K
+4.3%
4 $343.1K$344.2K
0.3%
5+ $510K$594.2K
+16.5%

Median Sold Price Compared To Nearby Counties

Dallas County
-0.1%
Tarrant County
-1.0%

How many homes are available in Tarrant County, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
6,4186,345-1.1%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 5557
+3.6%
2 421428
+1.7%
3 3,0102,960
-1.7%
4 2,3032,301
-0.1%
5+ 629599
-4.8%

Number of Homes Sold

Nov 2022Dec 2022%
1,4331,329-7.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tarrant County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
75 Days99 Days+32.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Tarrant County are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tarrant County, TX

There are 6,345 homes are for sale in Tarrant County, TX real estate market. The inventory of homes for sale in Tarrant County, TX between November 2022 and December 2022 decreased by 1.1%. In December 2022 median list price was $325,000 and the average listing age was 99 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went up by 4.3%, prices of 4 bedrooms properties went up by 0.3%, prices of 5 bedrooms properties went up by 16.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 3.6% more available, 2 bedrooms homes inventory increased by 1.7%, number of 3 bedrooms homes decreased by 1.7%, number of 4 bedrooms homes decreased by 0.1%, the quantity of 5 bedrooms homes went down by 4.8%. In December 2022 more than 1 listings in Tarrant County, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below.

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