Is Tarrant County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$295,547
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tarrant County was $295,547 in April 2024, down 4.9% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.2M | N/A |
2 Bedrooms | $184.9K | $117K | -36.8% |
3 Bedrooms | $288.4K | $278.4K | -3.5% |
4 Bedrooms | $314.9K | $350K | +11.1% |
5+ Bedrooms | $700K | $349K | -50.1% |
Summary: Tarrant County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 50.1%.
Median Sold Price Compared To Nearby Counties
Dallas County | $331.2K | $316K | -4.6% |
Tarrant County | $310.6K | $295.5K | -4.9% |
Housing Supply in Tarrant County, TX
How many homes are available in Tarrant County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7,321 | 8,229 | +12.4% |
Summary: The Tarrant County real estate market had 8,229 homes for sale in April 2024, a 12.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 63 | 73 | +15.9% |
2 Bedrooms | 471 | 551 | +17.0% |
3 Bedrooms | 3,499 | 3,760 | +7.5% |
4 Bedrooms | 2,534 | 2,939 | +16.0% |
5+ Bedrooms | 754 | 906 | +20.2% |
Summary: The Tarrant County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.9%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 20.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,739 | 1,824 | +4.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1,824 homes were sold or pending in Tarrant County in April 2024, up by 4.9% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 41 Days | -4.0% |
Summary: Homes in Tarrant County had an average of 41 days on market in Apr 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
1,096 Homes Were Sold
Under 30 Days
456 Homes Were Sold
In 30 - 90 Days
272 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1824 homes were sold in Tarrant County; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.