Real Estate Market Update for 76248 (Keller, TX)

Video: Real Estate Community Tour for 76248 (Keller, TX)

See Real estate community tour for 76248 (Keller, TX)
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 1% compared to one year earlier, and down 19% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 480-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 2%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 320-thousand dollars. The number of units sold decreased 12% year-over-year, and decreased 19% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for 76248 (Keller, TX)
Area Information for 76248 (Keller, TX)
  • Population: 35,566
  • Median Age: 38.45 yr
  • Median Commute Time: 29.48 mins
  • Educational Climate*: 5
  • Sales Tax: 6.25%
  • Population Density: 2,465/sq mi
  • Population Change Since 2000: 53.35%
  • Closest Airport: Dallas/fort Worth International
  • Closest Jr. College: Tarrant County College-ne Campus
  • Median Household Income: $113,480
  • Annual Residential Turnover: 18.95%
  • Median Years in Residence: 3.23 yr
  • Median Home Sales Price: $278,161
  • Closest Major Sports Team: Cowboys
  • Change Avg. Household Income Since 2000: 30%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 76248 (Keller, TX)
Median Age: 38.45 Married: 42% Number of Households: 12,131 Households with Children: 6,034
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 76248 (Keller, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Keller Montessori School & Kindergarten 0.9 mi Private K-K 0 0
      Eagle Ridge Elementary School 1.2 mi Public K-4 4-5 5
      Keller Learning Center 1.2 mi Public 9-12 0 0
      Keller Middle School 1.3 mi Public 7-8 5 4
      Messiah Lutheran Grammar School 1.3 mi Private K-8 0 4
      Keller-harvel Elementary School 1.5 mi Public K-4 4 4
      Willis Lane Elementary School 1.9 mi Public K-4 4-5 5
      Bear Creek Intermediate School 1.9 mi Public 5-6 5 4
      Keller High School 2.2 mi Public 9-12 4-5 3
      St Elizabeth Ann Seton School 2.3 mi Catholic PRESCHOOL-8 0 5
      Indian Springs Middle School 2.5 mi Public 7-8 4-5 3
      South Keller Intermediate School 2.5 mi Public 5-6 4-5 5
      Ridgeview Elementary School 2.8 mi Public K-4 4-5 5
      Shady Grove Elementary School 3.2 mi Public K-4 4-5 5
      Hidden Lakes Elementary School 3.4 mi Public K-4 5 5
      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 © 2015
      Local Weather for 76248 (Keller, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.