Zip Code:

76123, Fort Worth, TX

76123 is a Texas Zip code within the city of Fort Worth and the county of Tarrant County. Its population is roughly 36,245.

The Real Estate Market in the 76123 Zip Code of Fort Worth, TX

Fort Worth, TX is a city located in Tarrant County and is the most populous city in the Dallas- Fort Worth metroplex. The 76123 zip code encompasses much of Fort Worth's western edge and has a population of over 1 million people. Home prices in this zip code have increased significantly over the past few years, reaching record highs in 2017.

The median home price in 76123 was $269,000 as of September 2018. This represents an increase of more than $100,000 from 2017 when the median home price was $227,500. The majority of homes in this zip code are single family dwellings, with just under half (47%) being owner-occupied and 53% being rented. The average size of a home in 76123 is 2 bedrooms and 2 bathrooms.

One reason for the recent surge in home prices in 76123 is that there are relatively few homes available for sale compared to other areas of Fort Worth. In fact, as of September 2018 there were only 97 homes available for sale within this zip code – which is less than one tenth the number of homes available for sale within the entire Dallas- Fort Worth metroplex! Additionally, many homeowners who live in 76123 are able to borrow against their home equity to purchase additional property or to finance larger renovations or additions to their existing homes. As a result, many homeowners here are able to benefit from rising home prices without having to take on any additional debt obligations.

Price Index: Fort Worth-Arlington-Grapevine, TX (MSAD)

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