Real Estate Market Update for
76112 (Fort Worth, TX)
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 36% from one year earlier and down 12% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 21% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just over 60-thousand dollars. Overall, The number of units sold Increased 26% year-over-year and Increased 3% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 76112 (Fort Worth, TX)
Area Information for 76112 (Fort Worth, TX)
Community Character:Moderate Residential Turnover
Population:39,200
Median Age:33.23 yr
Median Commute Time:22.58 mins
Educational Climate*:3
Recycling Likelihood**:88
Sales Tax:5%
Population Density:3,634/sq mi
Population Change Since 2000:1%
Closest Airport:Dallas/fort Worth International
Closest College:Arlington Baptist College
Closest Jr. College:Remington Coll Ft Worth
Median Household Income:$36,516
Annual Residential Turnover:18%
Median Years in Residence:3 yr
Median Home Sales Price:$81,658
Closest Major Sports Team:Texas Rangers
Change Avg. Household Income Since 2000:6%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 76112 (Fort Worth, TX)
Median Age: 33.23Married: 33%Number of Households: 15,755Households with Children: 4,943
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)