FORT WORTH, TX – DECEMBER 16, 2024 – Both Texas and the City of Fort Worth have been hot commodities according to the Fall 2024 Texas Relocation Report from Texas REALTORS® and the latest local market report. More than 11% of the population of Texas moved within Texas last year. In Tarrant County, 11.5% more sales occurred in November 2024 compared to November last year.
“Fort Worth has become a thriving hub for living and working, driven by a surge in economic development and a growing job market. The city offers a wide range of housing opportunities, catering to its expanding population. With its robust economy and vibrant community, Fort Worth continues to attract new residents seeking career advancement and a high quality of life,” said Blake Barry, 2024 President of the Greater Fort Worth Association of REALTORS®.
Fort Worth’s closed sales were up 22.7% within the month of November compared to last year, with active listings up 29.8% as well. The median price of a home sold in the city of Fort Worth was $343,000, an 8.2% gain over the same period last year, while inventory remained low with just 3.5 months available.
Fort Worth is not the only city having a growth spurt. The surrounding cities of Aledo, Burleson, and Weatherford are seeing their fair share of growth, with Aledo reporting 48% more active listings compared to last November, Burleson gaining 48.5% and Weatherford sitting on a 29% gain.
November 2024 Fort Worth Statistics at a Glance
- 794 – Homes sold in November 2024, 22.7% more than November 2023
- $343,000 – Median price in November 2024, 8.2% more than November 2023
- 3.5 – Monthly housing inventory in November 2024, compared to 2.7 months in November 2023
- 55 – Average number of days homes spent on the market in November 2024, 10 days more than November 2023
- 31 – Average number of days to close in November 2024
