RealTrends Market Report

Fort Worth, TX

Single-Family Homes

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Fort Worth, TX

Fri Apr 12 2024
This week the median list price for Fort Worth, TX is $345,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 1,993. Click here to stay informed with the Fort Worth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Fort Worth, TX

Fri Apr 12 2024
This week the median list price for Fort Worth, TX is $345,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 1,993. Click here to stay informed with the Fort Worth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fort Worth market.
Median List Price $345,000
Median Price of New Listings $335,000
Per Square Foot $188
Average Days on Market 76
Median Days on Market 42
Price Decreased 42%
Price Increased 6%
Relisted 8%
Inventory 1,993
Median Rent
Market Action 42
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$614,900 3,094 8,000 - 10,000 sqft 4 3 13 56 51 49
$379,949 2,142 6,500 - 8,000 sqft 4 2.5 14 75 74 35
$315,999 1,694 6,500 - 8,000 sqft 3 2 20 76 87 35
$240,000 1,305 6,500 - 8,000 sqft 3 2 67 89 103 49