Real Estate Market Update for
76048 (Granbury, TX)
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Welcome to our monthly "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 8% from one year earlier and up 11% 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 just under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 130-thousand dollars. Overall, The number of units sold was consistent year-over-year and Increased 61% month-over-month These latest figures could indicate that more buyers have been finding what they're looking for. 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 76048 (Granbury, TX)
Area Information for 76048 (Granbury, TX)
Community Character:Moderate Residential Turnover, Suburb of Fort
Population:22,280
Median Age:45.1 yr
Median Commute Time:21.28 mins
Educational Climate*:4
Recycling Likelihood**:95
Sales Tax:5%
Population Density:201/sq mi
Population Change Since 2000:15%
Closest Airport:Dallas/fort Worth International
Closest College:Southwestern Adventist Univ
Closest Jr. College:Weatherford College
Median Household Income:$44,683
Annual Residential Turnover:20.66%
Median Years in Residence:2.7 yr
Median Home Sales Price:$125,000
Closest Major Sports Team:Texas Rangers
Change Avg. Household Income Since 2000:16%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 76048 (Granbury, TX)
Median Age: 45.1Married: 48%Number of Households: 9,522Households with Children: 2,594
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)