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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tarrant County was a Seller's Market.

Key Takeaway

Tarrant County 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 Tarrant County, TX

How much do homes in Tarrant County, TX cost?

Median Sold Price

$304,999

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$47,001(-13.4%)

Key Takeaway

Homes in Tarrant County have sold for 13.4% less than they did a year ago.

Summary: The median home sold price in Tarrant County was $304,999 in November 2024, down 13.4% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.2M-
N/A
2 $131K$374.9K
+186.3%
3 $240K$260K
+8.3%
4 $402.8K$350K
-13.1%
5+ $314.5K$479.4K
+52.5%

Summary: Tarrant County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 186.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 52.5%.

Median Sold Price Compared To Nearby Counties

Dallas County
+25.6%
Tarrant County
-13.4%

Housing Supply in Tarrant County, TX

How many homes are available in Tarrant County, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8,7638,8010.4%

Summary: The Tarrant County real estate market had 8,801 homes for sale in November 2024, a 0.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 7872
-7.7%
2 570570
0.0%
3 4,0454,087
+1.0%
4 3,1493,130
-0.6%
5+ 921942
+2.3%

Summary: The Tarrant County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 2.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1,6481,406-14.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tarrant County, expect to pay close to the asking price. 87.5% of homes here sold near the asking price last month.

Summary: A total of 1,406 homes were sold or pending in Tarrant County in November 2024, down by 14.7% month-over-month. Of the 8 sold homes, 13% were sold under asking, 88% 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

Nov 2023Nov 2024CHANGE
40 Days38 Days-4.5%

Summary: Homes in Tarrant County had an average of 38 days on market in Nov 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1406 homes were sold in Tarrant County; 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 Tarrant County, TX

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