Tarrant County's June First-Time Homebuyer Report

Tarrant County is much older than the rest of Texas, with a median age of 33. It's very affluent as well, with a median income of $56,532 per household. The three cities with the largest populations are Fort Worth, Arlington, and Grand Prairie. The Tarrant County market is almost exclusively made up of detached homes, currently accounting for 95% overall. The best schools in the county are Willis Lane Elementary School, Carroll Middle School, and Carroll Senior High School.

Culture

If you're looking to explore the landscape of Tarrant County, then check out Fort Worth Botanic Garden and Fort Worth Water Gardens, Foursquare's most popular places for outdoor activities. If you like arts and entertainment, some popular spots are Billy Bob's Texas and Cinemark North East Mall 18. You could also try out the popular Joe T. Garcia's, Reata Restaurant, and Rodeo Goat if you dine out.

Price Range

Tarrant County has some of the more expensive homes in the state with a median home value of $109,400 and a current average list price of $304,355. The most expensive places to live are Westover Hills, Southlake, and Colleyville. The Tarrant County market pulled back this week but remained above average levels as sales slid 3.2% to 2,362 homes sold over the last 30 days.

Typical Dwelling

A three-bedroom detached home valued around $206,941 is considered a typical dwelling in Tarrant County. If a buyer was looking for a similar home, they would need good credit and a $41,388 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,307 and the property tax rate is $19.87 per $1,000 of taxable assessed value.

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


Data reported through 6/15/2017

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