The cost of buying a house in Fort Worth, Texas can vary widely depending on factors such as location, size, and condition of the property. According to recent data, the median home value in Fort Worth is around $230,000. However, prices can range from under $100,000 for small homes or fixer-uppers in some areas, to over $1 million for luxury homes in more upscale neighborhoods.
It’s important to keep in mind that, in addition to the purchase price of the property, you will also need to budget for additional costs such as closing costs, property taxes, and home insurance. Closing costs, which include fees for services such as title insurance and appraisal, can range from around 2% to 5% of the purchase price. Property taxes in Fort Worth are around 2.1% of the home’s assessed value, while home insurance can vary depending on factors such as the value and age of the property, and the coverage you choose.
It’s important to note that the prices could vary depending on different factors such as the house condition, location, and the current market trend. Real estate market fluctuates and it’s important to have a clear understanding of the current state of the market and consult with a local real estate agent for more specific and up-to-date information.