Is Fort Worth, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Worth is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Fort Worth was a Seller's Market.

Key Takeaway

Fort Worth is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fort Worth, TX

How much do homes in Fort Worth, TX cost?

Median Sold Price

$329,999

$193/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$134,299(+68.6%)

Key Takeaway

Homes in Fort Worth have sold for 68.6% more than they did a month ago.

Summary: The median home sold price in Fort Worth was $329,999 in October 2024, up 68.6% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$420K
N/A
3 $171.8K$269.9K
+57.1%
4 -$329.9K
N/A
5+ $222K-
N/A

Summary: Fort Worth housing prices by bedroom type for October 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 increased by 57.1%, 4 bedroom homes did not change, 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

Sep 2024Oct 2024CHANGE
4,4754,788+7.0%

Summary: The Fort Worth real estate market had 4,788 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4755
+17.0%
2 324330
+1.9%
3 2,0082,174
+8.3%
4 1,6371,733
+5.9%
5+ 459496
+8.1%

Summary: The Fort Worth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 8.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
801761-5.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Worth, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 761 homes were sold or pending in Fort Worth in October 2024, down by 5.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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

Sep 2024Oct 2024CHANGE
47 Days61 Days+28.6%

Summary: Homes in Fort Worth had an average of 61 days on market in Oct 2024, up by 28.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Worth are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 761 homes were sold in Fort Worth; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in Fort Worth, TX

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