Housing in 76116 Fort Worth, TX is a great option for those looking to buy or rent. The median value of a home in this area is $294,500, which is significantly lower than the US median value of $338,100. Additionally, the house appreciation rate over the last year here was 15.58%, much higher than the national average of 8.27%. This makes Fort Worth an attractive investment for potential buyers or renters who want to get more bang for their buck!
The median home cost in Fort Worth (zip 76116) is $294,500. Home appreciation the last 10 years has been 154.4%. Home Appreciation in Fort Worth (zip 76116) is up 22.1%.
Average Age of Homes
- The median age of Fort Worth (zip 76116) real estate is 44 years old
The Rental Market in Fort Worth (zip 76116)
- Renters make up 52.4% of the Fort Worth (zip 76116) population
- 7.8% of houses and apartments in Fort Worth (zip 76116), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.