Real Estate Trends and Appealing Neighborhoods in Fort Worth

Trends move swiftly in Texas, and the real estate market statewide has seen significant activity in recent years. If you’re interested in the Fort Worth market and eager to learn more, we’ve got you covered. Below, we’ll explore the major real estate trends and appealing neighborhoods defining Fort Worth in 2024. 

Fort Worth is an excellent choice for buyers seeking a lively, metropolitan lifestyle. One of the city’s highlights is its wide array of charming neighborhoods, each offering its own unique appeal. Let’s explore just a few of its many vibrant communities below.

Sundance Square stands out as a premier option for those craving a central location with plenty of activity. Surrounded by shops, entertainment venues, and steakhouses, this bustling downtown area also provides easy access to major employers. 

For those who would prefer a quieter atmosphere, Mistletoe Heights, a charming and historic enclave, is ideal for families. With its tree-lined streets and picturesque ranch homes, it presents a wonderful setting to settle down in the city.

Another sought-after area in Fort Worth is Oakhurst, situated near the famed Fort Worth Stockyards, the heart of the city’s cowboy culture. With access to exceptional dining options and appealing residential properties, Oakhurst is an enticing choice for buyers. 

The affordable cost of living in Texas is one of the key motivations driving buyers to seek homes in the state. Compared to other states with similar economies, Texas offers a considerably more affordable real estate market. Its combination of a robust job market and attractive, low-rate homebuying options makes it particularly appealing, and Fort Worth is no exception. 

Fort Worth’s home prices have remained relatively stable throughout 2023, a trend that appears to be continuing into 2024. In February 2024, per Redfin, the median sale price for homes in the city stood at $332,545, reflecting a slight year-over-year increase. While the market experienced explosive growth in 2022, it has since stabilized. Home prices remain steady, and the number of homes sold has been largely consistent year-over-year.

Buyers in Fort Worth enjoy a wealth of housing options, ranging from high-rise condominiums to sprawling estates. However, the city is particularly renowned for its ranch-style homes, which are a favored choice among buyers. According to a March 1st, 2018, article from Culture Map, Fort Worth leads the state in the availability of ranch-style homes.