Welcome to our 76116 real estate data hub, tailored for investors in Fort Worth, TX. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 76116 in Fort Worth, TX. Discover Section 8 housing opportunities and challenges to maximize your investment potential in TARRANT COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Fort Worth, TX real estate investing. Uncover the wealth of information available, and position yourself for success in the Fort Worth property market.
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Location Overview
- Zip Code: 76116
- City: Fort Worth
- State: TX
- Metro Area: Dallas-Fort Worth-Arlington, TX
- County Name: TARRANT COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $293,540
- Average Home Price (Single Family Homes): $293,948
- Average Monthly Rental Price (All Types): $1,415
- Price-to-Rent Ratio: 17
- Zillow Projected % appreciation from 4/2023-4/2024: 0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,360
- Average 3 Bedroom Section 8 Rental Rates: $1,800
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.99
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.59
- Number of Units Offered in Section 8 in the County: 3704
- Number of Occupied Units in Section 8 in the County: 3460
- Percentage of Section 8 Units Occupied in the County: 93.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 288.26
- Total % Appreciation since 2000 (Government Data): 199.05
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.46%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.04%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.22%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.56%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 133.24%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 124.48%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 158.04%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.34%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.51%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 35.23%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 48.74%