--Housing Report

May 2022 Housing Report

The median price of a home sold in Fort Worth in May 2022 was $367,000. In May of 2021, the median price was $295,000. In the past year, between the rising prices of houses and increasing mortgage rates, prospective buyers in the greater Fort Worth area have been feeling the pinch, and many have been driven from the market.

April 2022 Housing Report

Demand for homes in the greater Fort Worth area isn’t cooling off. Along with rising mortgage rates and inflation, the median price of a home sold in Fort Worth in April 2022 climbed to $355,000 – a 28.6 percent increase year over year.

March 2022 Housing Report

Inventory numbers made a move in a positive direction in March, inching up from 0.6 months to 0.7 months of available inventory in both Fort Worth and Tarrant County. Eager buyers were waiting to make offers, as the number of days on the market dropped to 22 days, signaling the start of a busy spring and summer for the housing market.

February 2022 Housing Report

Inventory dropped to a new record low in February as both Fort Worth and Tarrant County fell to 0.6 months. Prospective homebuyers still find themselves waiting for trends to change as prices continue to climb. The median home price in February was $333,099 in Fort Worth, a 23.4 percent increase from February of 2021.

January 2022 Housing Report

Active listings were down more than 30 percent in Fort Worth in January, as inventory continued to sit at a record low of 0.7 months. The median home price was $325,000, a 25.5 percent increase over January of 2021.

December 2021 Housing Report

Inventory numbers dropped in December 2021 to the lowest figures since the start of the pandemic. Inventory for both Fort Worth and Tarrant County was at 0.7 months. The Texas Real Estate Research Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.