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Fort Worth Real Estate Market Overview

Average Monthly Rent:

$1,082

Percentage Change in Home Price/Value:

7.00%

Median Home Value:

$197,500

Best Time To Sell Home:

July

Affordability Index:

157.9

Days To Sell House:

54.75

Job Market:

Strong

Public School Ranking:

33

Location and Weather

Fort Worth, Dallas are the megacities in north-central Texas and are locally known as the Metroplex. Dallas is 30 miles east of Fort Worth. It lies at the forks of the Trinity River. With its heritage as a cattle-shipping boon town, Fort Worth retains much of its western flavor and has cattle drives to celebrate its history. It has a hot, dry summer season from June to mid-September with high temperatures above 89 degrees. The evening lows in the summer are in the mid-70’s. It has a short cool season from late November through February with high temperatures in the mid 60’s and lows in the high 30’s.

Population, Job Market and Cost of Living

Its population in 2018 was 895,008 with an annual growth rate of 2.23%. The job market has increased by 2.7% over last year. The ten-year predicted job growth is 41.5%. The cost of living is higher due to the ten-year predicted job growth is 41.5%. The cost of living is higher due to the Fort Worth real estate market.

The 10-year predicted job growth is 41.5%. The largest employers in Dallas-Fort Worth-Arlington are Retail Trade, Health Care & Social Assistance and Manufacturing. The major businesses include American Airlines, BNSF Railway, Chinos Holdings, Cash America International, Pier 1 Imports and Dickies.

With an international airport, growing population, rich history, warm climate and many job opportunities, Fort Worth will continue to be a sought-after city to move to.

Hottest Neighborhoods:

TCU-West Cliff, Downtown, Far Southwest, Far North, Arlington Heights, Arlington Heights, Far Northwest, Wedgwood, Far West, Western Hills-Ridglea, Far South

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