Real Estate Market Update for 77581 (Pearland, TX)

Video: Real Estate Community Tour for 77581 (Pearland, TX)

See Real estate community tour for 77581 (Pearland, TX)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 7% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 32%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold increased 25% year-over-year, and increased 41% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 77581 (Pearland, TX)
Area Information for 77581 (Pearland, TX)
  • Population: 46,551
  • Median Age: 36.47 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,807/sq mi
  • Population Change Since 2000: 60.97%
  • Closest Airport: William P Hobby
  • Closest College: Texas Chiropractic College
  • Closest Jr. College: San Jacinto College-south
  • Median Household Income: $81,435
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $220,447
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 32.77%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77581 (Pearland, TX)
Median Age: 36.47 Married: 46% Number of Households: 16,447 Households with Children: 7,046
    • 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 77581 (Pearland, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Pace Center 0.1 mi Public 10-12 0 0
      Pearland J H East 0.1 mi Public 7-8 5 0
      St Helen Catholic School - Pearland 0.2 mi Catholic PRESCHOOL-8 0 0
      Leon High Sablatura Middle School 0.2 mi Public 5-6 0 0
      Pearland J H West 0.2 mi Public 7-8 4 0
      Montessori School Of Downtown - Pearland 0.4 mi Private PRESCHOOL-3 0 0
      C J Harris Elementary School 0.5 mi Public PRESCHOOL-4 5 0
      Alexander Middle School 1.0 mi Public 5-6 0 0
      Kids R Kids No 44 - Highland Glen 1.1 mi Private PRESCHOOL-K 0 0
      Eagle Heights Christian Academy 1.1 mi Private PRESCHOOL-12 0 0
      Barbara Cockrell Elementary School 1.2 mi Public PRESCHOOL-4 4 0
      Primrose School Of Pearland Parkway 1.3 mi Private PRESCHOOL-K 0 0
      Sam Jamison Middle School 1.4 mi Public 5-6 0 0
      Shadycrest Elementary School 1.8 mi Public K-4 5 5
      Pearland High School 1.8 mi Public 9-12 4 4
      E A Lawhon Elementary School 3.0 mi Public PRESCHOOL-4 4 0
      Tottenberrys Private School 3.3 mi Private PRESCHOOL-3 0 0
      Rustic Oak Elementary School 3.5 mi Public PRESCHOOL-4 5 5
      Glenda Dawson High School 4.4 mi Public 9-12 4 4
      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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 77581 (Pearland, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.