Real Estate Market Update for 75051 (Grand Prairie, TX)
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 35% from one year earlier and up 13% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 56% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 70-thousand dollars. Overall, The number of units sold Increased 6% year-over-year and Increased 13% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 75051 (Grand Prairie, TX)
Area Information for 75051 (Grand Prairie, TX)
  • Community Character: Close to Military Facility(ies), Moderate Residential Turnover
  • Population: 38,031
  • Median Age: 31.1 yr
  • Median Commute Time: 22.63 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 93
  • Sales Tax: 5%
  • Population Density: 2,519/sq mi
  • Population Change Since 2000: 29%
  • Closest Airport: Dallas Love Field
  • Closest College: Dallas Baptist University
  • Closest Jr. College: Everest College
  • Median Household Income: $36,486
  • Annual Residential Turnover: 17.49%
  • Median Years in Residence: 3.17 yr
  • Median Home Sales Price: $87,500
  • Closest Major Sports Team: Texas Rangers
  • Change Avg. Household Income Since 2000: 3%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 75051 (Grand Prairie, TX)
Median Age: 31.1 Married: 36% Number of Households: 12,103 Households with Children: 5,607
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 75051 (Grand Prairie, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Juan Seguin Elementary School 0.2 mi Public K - 5 3 5
      Bowie Elementary School 0.8 mi Public K - 5 3-5 3
      Milam Elementary School 0.9 mi Public K - 5 1 2
      Bill Arnold Middle School 0.9 mi Public 5 - 8 1 0
      Kennedy Middle School 1.0 mi Public 5 - 8 2 0
      Lee Elementary Middle School 1.0 mi Public K - 5 0 0
      Hobbs Williams Elementary School 1.0 mi Public K - 5 2-5 3
      Bonham Early Education Center 1.1 mi Public PRESCHOOL/KINDERGARTEN 0 0
      Crockett Elementary School 1.2 mi Public 4 - 6 0 0
      Eagle Advantage Academy 1.3 mi State K - 12 0 0
      Daniels Elementary School 1.6 mi Public K - 5 2-5 5
      Crouch Elementary School 3.1 mi Public K - 6 1 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 75051 (Grand Prairie, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.