Glencrest, Fort Worth, TX76119

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$194,000
4.3% YoY Growth
Median Household Income
$46,500
33.0% 5-Year Growth
Days on Market
59
21.0% Longer than last year
Home Price Forecast
-0.6%
Median Rent
$1,900
1.7% YoY Growth
1-Bed Rent
$737
23.4% YoY Growth
2-Bed Rent
$1,020
11.1% YoY Growth
3-Bed Rent
$1,890
0.0% YoY Growth

Property Listings — Glencrest, Fort Worth, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Glencrest, Fort Worth, TX is 59. This is an increase of 21.0% 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 46.0%. 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
$240,0003.0%
Listing Count
115N/A
Listings as % of Homes0.4%N/A
Days on Market
5921.0%
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Demographics — Glencrest, Fort Worth, TX

MetricLatest CensusYoY % Change
Population
53,1005.7%
% Under 18
30.1%-4.1%
% Under 5N/AN/A
% Seniors
12.1%7.1%
% WFH
3.9%77.3%
% w/ College Degree
8.2%10.8%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
8.0%-21.6%
% Black
36.6%-14.9%
% Hispanic
50.9%26.0%
% Asian
2.8%-37.8%
% Foreign Born
25.2%5.0%
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Mortgage and Risk — Glencrest, 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 Glencrest, Fort Worth, TX in that year was 457. 57.0% 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 82.0%. Of those, 58.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Glencrest, Fort Worth, TX. Investor activity in Glencrest, Fort Worth, TX is low, as 3.0% of all loans are originated by investors. In 2023, 6.0% 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
457N/AN/A
% Conventional Loans
57.0%N/AN/A
% Government Loans
43.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
6.0%N/AN/A
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Rentals and Section 8 — Glencrest, Fort Worth, TX

As of 2024, the percent of homes in Glencrest, Fort Worth, TX under the Section 8 program is 17.1%. This is considered high, suggesting that the neighborhood is heavily 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
1,382
Total Units Section 8
1,167
% Rentals under Section 8
17.1%
% Occupied Section 8
82.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$443$737$1,180
2 Bedroom$360$1,020$1,380
3 Bedroom-$60$1,890$1,830
4 Bedroom$130$2,100$2,230

Affordability — Glencrest, Fort Worth, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.2N/AN/A
Median Home Price$194,000N/AN/A
Median Household Income$46,500N/AN/A

Glencrest, Fort Worth, TX — ZIP Code Boundary Map

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