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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Fort Worth, TX Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Fort Worth, TX Housing Market Trends

With a population of 956,709, 326,648 total housing units (homes and apartments), and a median house value of $334,351, Fort Worth real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Fort Worth, accounting for 64.87% of the city's housing units. Other types of housing that are prevalent in Fort Worth include large apartment complexes or high rise apartments ( 24.81%), duplexes, homes converted to apartments or other small apartment buildings ( 5.43%), and a few row houses and other attached homes ( 3.03%).

The most prevalent building size and type in Fort Worth are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.67% owning and 44.33% renting.

Fort Worth homes and real estate are some of the newest in America. 38.70% of Fort Worth's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fort Worth real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.96%), and between 1940-1969 ( 21.67%). There's also some housing in Fort Worth built before 1939 ( 5.68%).

Fort Worth Home Appreciation Rates

In the last 10 years, Fort Worth has experienced some of the highest home appreciation rates of any community in the nation. Fort Worth real estate appreciated 141.22% over the last ten years, which is an average annual home appreciation rate of 9.20%, putting Fort Worth in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fort Worth definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Fort Worth appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Worth's appreciation rate has been 2.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Worth were at -0.65%, which equates to an annual appreciation rate of -2.57%.

Notably, Fort Worth's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Fort Worth's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Fort Worth differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Worth - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fort Worth real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$334,351

Fort Worth, TX Home Prices
> $1,349,000
$1,012,001 - $1,349,000
$674,001 - $1,012,000
$539,001 - $674,000
$404,001 - $539,000
$270,001 - $404,000
$135,001 - $270,000
$67,001 - $135,000
$0 - $67,000
1.7%
1.7%
1.8%
1.8%
5.2%
5.2%
7.2%
7.2%
15.8%
15.8%
30.5%
30.5%
24.3%
24.3%
8.9%
8.9%
4.5%
4.5%
0% 100.0%
% of Homes
High

for Texas

High

for nation

Number of Homes And Apartments:

326,648

Fort Worth Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,166 / per month

Homeownership Rate

Owners
Renters
55.7%
55.7%
44.3%
44.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.3%
8.3%
91.7%
91.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
38.7%
38.7%
34.0%
34.0%
21.7%
21.7%
5.7%
5.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
64.9%
64.9%
3.0%
3.0%
5.4%
5.4%
24.8%
24.8%
1.8%
1.8%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
14.7%
14.7%
21.8%
21.8%
40.2%
40.2%
17.4%
17.4%
3.1%
3.1%
0% 100.0%
% of Homes