Fairmount, Fort Worth, TX76110

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$211,000
5.4% YoY Growth
Median Household Income
$68,400
47.8% 5-Year Growth
Days on Market
72
22.0% Longer than last year
Home Price Forecast
-0.3%
Median Rent
$2,070
46.0% YoY Growth
1-Bed Rent
$1,180
14.1% YoY Growth
2-Bed Rent
$1,910
3.8% YoY Growth
3-Bed Rent
$2,300
0.8% YoY Growth

Property Listings — Fairmount, Fort Worth, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Fairmount, Fort Worth, TX is 72. This is an increase of 22.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 75.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$355,000-5.0%
Listing Count
110N/A
Listings as % of Homes0.4%N/A
Days on Market
7222.0%
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Demographics — Fairmount, Fort Worth, TX

MetricLatest CensusYoY % Change
Population
32,1000.8%
% Under 18
26.4%0.0%
% Under 5N/AN/A
% Seniors
9.2%-8.0%
% WFH
10.8%414.3%
% w/ College Degree
29.4%16.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
30.5%8.5%
% Black
2.9%0.0%
% Hispanic
63.2%-5.4%
% Asian
1.6%23.1%
% Foreign Born
26.3%-8.0%
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Mortgage and Risk — Fairmount, Fort Worth, TX

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Fairmount, Fort Worth, TX in that year was 215. 85.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 70.0%. Of those, 33.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Fairmount, Fort Worth, TX. Investor activity in Fairmount, Fort Worth, TX is low, as 7.0% of all loans are originated by investors. In 2023, 10.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
215N/AN/A
% Conventional Loans
85.0%N/AN/A
% Government Loans
15.0%N/AN/A
% Investor Loans
7.0%N/AN/A
% Second Loans
2.0%N/AN/A
% Cash Out Refinance
10.0%N/AN/A
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Rentals and Section 8 — Fairmount, Fort Worth, TX

As of 2024, the percent of homes in Fairmount, Fort Worth, TX under the Section 8 program is 1.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
75
Total Units Section 8
75
% Rentals under Section 8
1.8%
% Occupied Section 8
67.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$20$1,180$1,200
2 Bedroom-$510$1,910$1,400
3 Bedroom-$450$2,300$1,850
4 Bedroom-$2,140$4,400$2,260

Affordability — Fairmount, Fort Worth, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.3N/AN/A
Median Home Price$211,000N/AN/A
Median Household Income$68,400N/AN/A

Fairmount, Fort Worth, TX — ZIP Code Boundary Map

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