76490
Fort Worth, Texas
Fort Worth 76490 needs watching.
The 76490 ZIP code in Fort Worth, Texas has a median sale price of $50K, down N/A year-over-year. Homes spend an average of 16 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 54 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76490.
The 76490 ZIP code shows a median sale price of $50,000, significantly below Fort Worth's broader market, with prices remaining flat year-over-year through November 2021. Properties move exceptionally fast at 16 days on market, well under the typical metropolitan average, yet no homes are selling above list price. This combination of rapid absorption without price premiums suggests supply constraints meeting demand at current valuations, with buyers unwilling to bid competitively despite limited inventory.
These conditions favor cash investors seeking sub-$100,000 entry points with quick closings, as the 16-day turnover enables portfolio velocity strategies. The $50,000 price point eliminates most conventional mortgage buyers given minimum loan thresholds, naturally filtering for all-cash transactions or specialized financing. Sellers benefit from speed but sacrifice premium pricing, making this environment suitable for those prioritizing liquidity over maximum returns.
The PropIQ score of 54 signals heightened caution, indicating structural concerns that explain the stagnant pricing despite fast sales velocity. The combination of flat appreciation, ultra-low price points, and zero above-list transactions suggests this market faces either property condition issues, economic headwinds, or inventory composition problems that suppress value growth. Monitor whether the 16-day absorption rate extends further while prices remain compressed, which would confirm underlying market weakness rather than temporary equilibrium.
What is the median home price in 76490 Fort Worth?
The median sale price in 76490 is $50K, down N/A year-over-year as of 2021-11-30.
How long do homes stay on the market in Fort Worth 76490?
Homes in 76490 Fort Worth spend an average of 16 days on market before going under contract.
Is Fort Worth 76490 a good place to invest in real estate?
Folio's PropIQ™ score for 76490 is 54/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 54 mean for 76490?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 54 = Caution in 76490 Fort Worth, Texas.