Granbury, Fort Worth, TX—76040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granbury, Fort Worth, TX
As of Oct '25, the median home price in Granbury, Fort Worth, TX is $351,000, with a year-over-year change of -3.1%. This indicates that home prices in Granbury, Fort Worth, TX are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $351,000 | -3.1% |
| Single Family | $351,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $246,000 | -5.7% |
3 Bed | $326,000 | -3.0% |
4 Bed | $418,000 | -3.2% |
| 5 Bed | $484,000 | -3.0% |
% of Housing Stock
Rental Trends — Granbury, Fort Worth, TX
As of July '25, Rentcast reports the average rent in Granbury, Fort Worth, TX is $1,510, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in Granbury, Fort Worth, TX is studios: $936, 1-bedrooms: $1,130, 2-bedrooms: $1,540, 3-bedrooms: $2,370, 4-bedrooms: $2,640. The most common rental property sizes in Granbury, Fort Worth, TX are 1-bedroom and 2-bedroom, accounting for 44.5% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,510 |
| Studio Rent | $960 | $936 |
| 1 Bed Rent | $1,120 | $1,130 |
| 2 Bed Rent | $1,530 | $1,540 |
| 3 Bed Rent | $2,400 | $2,370 |
| 4 Bed Rent | $2,600 | $2,640 |
% of Rental Stock
Property Listings — Granbury, Fort Worth, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Granbury, Fort Worth, TX is 53. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | 1.0% |
Listing Count | 44 | 20.0% |
| Listings as % of Homes | 0.4% | 20.0% |
Days on Market | 53 | 39.0% |
Demographics — Granbury, Fort Worth, TX
As of the latest ACS Survey released in 2023, Granbury, Fort Worth, TX has a population of 31,200, which has decreased by -2.6% over the past 5 years. Granbury, Fort Worth, TX is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | -2.6% |
% Under 18 | 26.9% | 2.3% |
% Seniors | 9.2% | 4.5% |
% WFH | 16.2% | 362.9% |
% w/ College Degree | 29.7% | -2.0% |
As of the latest ACS Survey released in 2023, Granbury, Fort Worth, TX is a predominantly white area, with 31.2% of the population identifying as white. The white population has shrunk by 23.2% in the last 5 years. The second most common race or ethnicity in Granbury, Fort Worth, TX is black, making up 24.4% of the population. Foreign-born residents account for 27.1% of the population in Granbury, Fort Worth, TX, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 31.2% | -23.2% |
% Black | 24.4% | 16.2% |
% Hispanic | 22.0% | -6.8% |
% Asian | 14.5% | 43.6% |
% Foreign Born | 27.1% | 0.0% |
Mortgage and Risk — Granbury, Fort Worth, TX
According to HUD data as of 2023, there were 194 mortgage originations in Granbury, Fort Worth, TX, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Granbury, Fort Worth, TX. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 194 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Granbury, Fort Worth, TX
As of 2024, the percent of homes in Granbury, Fort Worth, TX under the Section 8 program is 2.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Granbury, Fort Worth, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 175 |
Total Units Section 8 | 175 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,120 | $1,310 |
| 2 Bedroom | $0 | $1,530 | $1,530 |
| 3 Bedroom | -$380 | $2,400 | $2,020 |
| 4 Bedroom | -$130 | $2,600 | $2,470 |
Affordability — Granbury, Fort Worth, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $351,000 |
| Median Household Income | $69,700 |