Real Estate Market Update for Grand Prairie, TX

Video: Real Estate Community Tour for Grand Prairie, TX

See Real estate community tour for Grand Prairie, TX
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 36% from one year earlier, and down 8% 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 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 7%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 190-thousand dollars. The number of units sold decreased 16% year-over-year, and decreased 17% 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 Grand Prairie, TX
Area Information for Grand Prairie, TX
  • Population: 190,234
  • Median Age: 32.67 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 2,640/sq mi
  • Population Change Since 2000: 50.09%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: University Of Texas-arlington
  • Closest Jr. College: Lincoln Technical Institute
  • Median Household Income: $56,383
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $162,441
  • Closest Major Sports Team: Texas Rangers
  • Change Avg. Household Income Since 2000: 24.17%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Grand Prairie, TX
Median Age: 32.67 Married: 38% Number of Households: 63,299 Households with Children: 25,397
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 Grand Prairie, TX

      School Name Distance Type Grades School Rating Parent Rating
      Ellen Ochoa Stem Academy At Milam Elementary 0.5 mi Public PRESCHOOL-5 1 0
      Juan N Seguin Elementary School 0.7 mi Public K-5 1 0
      James Bowie Elementary 1.0 mi Public PRESCHOOL-4 1 0
      Ymla At John F Kennedy Middle 1.0 mi Public 6-8 2 0
      David Daniels Elementary 1.1 mi Public PRESCHOOL-5 0 0
      Ywla At Bill Arnold Middle School 1.5 mi Public 6-11 2 4
      Robert E Lee Elementary School 1.5 mi Public K-5 0 0
      Uplift Lee Elementary 1.5 mi Public K-5 0 0
      Bonham Early Education Center 1.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Hobbs Williams Elementary School 1.6 mi Public K-4 2 0
      Barbara Bush Elementary School 1.6 mi Public PRESCHOOL-5 1 0
      Lyndon B Johnson Daep 1.7 mi Public 6-12 0 0
      David Crockett 5th Grade Center 1.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Uplift Education - Uplift Grand Preparatory 1.7 mi Public K-8 0 0
      Golden Rule Grand Prairie Campus 1.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      John A Dubiski Career High School 1.7 mi Public 9-12 4 4
      School For The Highly Gifted 1.7 mi Public 1-4 0 0
      Grand Prairie Collegiate Institute 1.8 mi Public 6-10 5 4
      Hope (helpful Opportunities To Pursue Excellence) 1.8 mi Public 7-8 0 0
      Stephen F Austin Elementary 1.8 mi Public PRESCHOOL-5 3 0
      Thurgood Marshall Leadership Acade 1.8 mi Public PRESCHOOL-5 3 0
      South Grand Prairie High 9th Grade 1.9 mi Public 9-9 0 3
      South Grand Prairie High School 1.9 mi Public 10-12 3 3
      Sam Rayburn Elementary School 2.0 mi Public PRESCHOOL-5 1 0
      Remynse Elementary School 2.0 mi Public PRESCHOOL-6 1 0
      Grand Prairie High School 2.0 mi Public 9-12 1 3
      Grand Prairie High 9th Grade Center 2.0 mi Public 6-12 5 5
      Crosswinds High School 2.2 mi Public 9-12 0 4
      Harmony Science Academy - Grand Prairie 2.4 mi Public K-8 0 0
      John Adams Middle School 2.4 mi Public 6-8 1 0
      Sallye R Moore Elementary School 2.4 mi Public PRESCHOOL-5 1 4
      Patrick Elementary School 2.4 mi Public PRESCHOOL-6 0 0
      Andrew Jackson Middle School 2.4 mi Public 6-8 3 0
      Ervin C Whitt Elementary School 2.4 mi Public PRESCHOOL-5 3 0
      William B Travis World Language Academy 2.4 mi Public PRESCHOOL-6 0 0
      Lorenzo De Zavala Elementary 2.5 mi Public PRESCHOOL-5 2 0
      Crouch Elementary School 2.5 mi Public PRESCHOOL-6 1 0
      Immaculate Conception School - Grand Prairie 2.6 mi Catholic PRESCHOOL-8 0 0
      Eisenhower Elementary School 3.2 mi Public PRESCHOOL-5 4 0
      Hector P Garcia Elementary School 3.2 mi Public PRESCHOOL-4 2 0
      James Fannin Middle School 3.5 mi Public 6-8 1 3
      Farrell Elementary School 3.5 mi Public PRESCHOOL-6 2 0
      Winfree Academy Charter School - G 3.5 mi Public 9-12 0 4
      Larson Elementary School 3.7 mi Public PRESCHOOL-6 2 0
      Florence Hill Elementary School 3.8 mi Public PRESCHOOL-5 3 0
      The Children's Courtyard #3018 3.8 mi Private PRESCHOOL-K 0 0
      Ronald W Reagan Middle School 4.5 mi Public 6-8 4 4
      Garner Fine Arts Academy 4.7 mi Public PRESCHOOL-5 4 0
      Starrett Elementary School 4.7 mi Public PRESCHOOL-6 2 0
      Harry S Truman Middle School 4.8 mi Public 6-8 2 0
      Suzanna Dickinson Elementary School 5.0 mi Public PRESCHOOL-5 2 0
      West Elementary School 5.1 mi Public PRESCHOOL-6 3 0
      Colin Powell Elementary School 5.1 mi Public K-5 5 0
      Mike Moseley Elementary School 5.5 mi Public PRESCHOOL-5 2 0
      Louise Cabaniss Elementary School 7.5 mi Public PRESCHOOL-4 4 0
      Primrose School Of Grand Peninsula 7.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Anna May Daulton Elementary School 8.3 mi Public PRESCHOOL-4 5 0
      Cora Spencer Elementary School 10.2 mi Public K-4 5 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Grand Prairie, 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.