January's First-Time Homebuyer Report for Forney

Forney is a city in Texas with 14,661 residents. Despite only being ranked 184th in terms of population, it ranks first for growth with a 182.9% increase over the last 10 years. Keep in mind, most people in Forney own their homes, with a 79.6% ownership ratio. Topping the list of best schools in the city is Johnson Elementary School.

Culture

If you're interested in the nightlife, one of the most popular places to get a drink in Forney, according to Foursquare, is Time Out Bar. If you're looking to get a cup of coffee, a favorite is Starbucks. And then for shopping, you might enjoy Walmart Supercenter, Brookshire's, and Walgreens.

Price Range

Some of the more expensive homes in Texas are in Forney with a median home value of $110,900 and an average list price for available homes currently at $294,397.

Make sure you take a look at these eye-catching homes in Forney that generated the most views from potential buyers:

$149K   $239K   $299K  

Typical Dwelling

A four-bedroom detached home valued around $249,736 is considered a typical dwelling in Forney. If a buyer was looking for a similar home, they would need good credit and a $49,947 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,263 and the property tax rate is $15.36 per $1,000 of taxable assessed value.

Get started right now by checking out Forney homes for sale or reviewing Forney real estate trends.


Data reported through 1/12/2017

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