Real Estate Market Update for 76262 (Roanoke, 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 30% from one year earlier and down 1% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 300-thousand dollars. Overall, The number of units sold Increased 63% year-over-year and Increased more than 150% 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 76262 (Roanoke, TX)
Area Information for 76262 (Roanoke, TX)
  • Community Character: Significant Percentage of Family Households, Moderate Residential Turnover
  • Population: 26,871
  • Median Age: 31.44 yr
  • Median Commute Time: 27.3 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 99
  • Sales Tax: 5%
  • Population Density: 645/sq mi
  • Population Change Since 2000: 85%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Devry University
  • Closest Jr. College: Westwood College-fort Worth
  • Median Household Income: $90,033
  • Annual Residential Turnover: 19.93%
  • Median Years in Residence: 2.94 yr
  • Median Home Sales Price: $250,000
  • Closest Major Sports Team: Texas Rangers
  • Change Avg. Household Income Since 2000: 15%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 76262 (Roanoke, TX)
Median Age: 31.44 Married: 50% Number of Households: 10,026 Households with Children: 4,169
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 76262 (Roanoke, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      James Steele Acccelerated High School 0.5 mi Public 10 - 12 0 0
      Roanoke Elementary School 0.6 mi Public K - 5 4 4
      Lakeview Elementary School 1.1 mi Public K - 5 4 4
      Samuel Beck Elementary School 1.4 mi Public K - 5 5 4
      Westlake Academy 1.5 mi State K - 12 4-5 4
      Byron Nelson High School 1.6 mi Public 9 - 12 4-5 4
      Medlin Middle School 1.7 mi Public 5 - 8 4-5 3
      John M Tidwell Middle School 3.1 mi Public 5 - 8 0 0
      J Lyndal Hughes Elementary School 3.4 mi Public K - 5 3 5
      Our Lady Of Grace High School 3.5 mi Private 9 - 12 0 0
      Denton Creek School 3.7 mi Public 9 - 12 0 0
      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 76262 (Roanoke, 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.