There are currently 279,039 real estate properties in Fort Worth, TX, with a median automated valuation model (AVM) price of $275,193.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Worth, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fort Worth, TX, is $325,175.00, with the most expensive house in Fort Worth, TX, topping out at $20,846,800.00 and the cheapest home in Fort Worth, TX, clocking in at $14,609.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Worth, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Worth, TX, is on a rollercoaster ride. The average rent price in Fort Worth, TX, is $1,503.00. Indeed, when looking to rent in Fort Worth, TX, you can expect to pay as little as $500.00 or as much as $5,700.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Fort Worth, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Fort Worth is located in Tarrant, Texas, with an estimated municipal population of 909,585 residents. All of the best foreclosed homes for sale in Fort Worth are located in the following zip code areas on Foreclosure.com: 76164 76040 76134 76135 76137 76131 76132 76133 76109 76108 76105 76104 76107 76106 76103 76102 76155 76006 76053 76052 76129 76123 76120 76244 76008 76179 76177 76036 76140 76262 76118 76119 76116 76117 76114 76115 76112 76110 76111 76127 76126 76101 76113 76121 76122 76124 76130 76147 76150 76161 76162 76163 76166 76190 76191 76193 76195 76196 76197 76198 76199. The estimated population per square kilometer (.62 miles) in Fort Worth is 1,016.
So, about how much do homes cost in Fort Worth? The most recent median value of resident-owned homes in Fort Worth is 167,852. An estimated 57.4 percent of households in Fort Worth own their homes, with an average family size of 3.54. The median household income in Fort Worth is 62,187, with27.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fort Worth, the median commute time of resident workers (in minutes) is 27.2. And last, but certainly not least, are you looking for homes to rent in Fort Worth? If so, the average rent price paid by renters in Fort Worth is 1,060, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Fort Worth, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Fort Worth is 32.6, split between 49 percent male versus 51 female. The percentage of residents who report being married in Fort Worth is 46.3, with an average family size of 3.54.
The percentage of residents who report their race in Fort Worth is as follows:
| White | 63.8% |
| Black / African American | 18.9% |
| Asian | 4.6% |
| American Indian / Alaskan Native | 0.5% |
| Native Hawaiian / Other Pacifc Islander | 0.1% |
| Multi-racial | 3.2% |
| Other | 9% |
Looking for family-friendly neighborhoods in and/or near Fort Worth? Or maybe you are searching for 55+ active adult communities in and/or near Fort Worth?
The percentage of residents who report their age in Fort Worth is as follows:
| Under 10 | 15.8% |
| Aged 10-19 | 14.7% |
| 20s | 15.1% |
| 30s | 15.6% |
| 40s | 13.2% |
| 50s | 11.1% |
| 60s | 8.3% |
| 70s | 3.9% |
| 80+ | 2.3% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Fort Worth with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fort Worth.
How do you know that living in -- or moving to -- Fort Worth is right where you need to be? Perhaps you grew up in Fort Worth or already live nearby; therefore, the decision to buy a home in Fort Worth is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fort Worth for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Fort Worth:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fort Worth.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fort Worth can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fort Worth, meanwhile, can field multiple offers from more qualified buyers.
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