Real Estate Market Update for Grand Prairie, TX
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Welcome to March's 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 22% from one year earlier, and down 4% 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 over 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 31%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 150-thousand dollars. The number of units sold decreased 28% year-over-year, and decreased 12% 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.
Map Information for Grand Prairie, TX
Area Information for Grand Prairie, TX
  • Population: 181,498
  • Median Age: 30.87 yr
  • Median Commute Time: 24.84 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 2,517/sq mi
  • Population Change Since 2000: 42.82%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Dallas Baptist University
  • Closest Jr. College: Lincoln Technical Institute
  • Median Household Income: $52,994
  • Annual Residential Turnover: 19.2%
  • Median Years in Residence: 3.06 yr
  • Median Home Sales Price: $125,380
  • Closest Major Sports Team: Rangers
  • Change Avg. Household Income Since 2000: 13%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Grand Prairie, TX
Median Age: 30.87 Married: 29% Number of Households: 60,450 Households with Children: 27,920
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 GreatSchools Rating Parent Rating
      Milam Elementary School 0.5 mi Public PRESCHOOL-5 1 2
      Juan Seguin Elementary School 0.7 mi Public K-5 2-5 5
      Bowie Elementary School 1.0 mi Public PRESCHOOL-4 2-5 3
      Kennedy Middle School 1.0 mi Public 6-8 0 0
      Daniels Elementary School 1.1 mi Public PRESCHOOL-5 2 5
      Bill Arnold Middle School 1.4 mi Public 6-9 0 0
      Lee Elementary School 1.4 mi Public K-5 1 0
      Bonham Early Education Center 1.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Calvary Baptist School 1.6 mi Private PRESCHOOL-1 0 4
      Hobbs Williams Elementary School 1.6 mi Public K-4 2 3
      Barbara Bush Elementary School 1.6 mi Public PRESCHOOL-5 2-5 3
      Johnson Elementary School 1.7 mi Public PRESCHOOL-5 2 4
      Lamar Alternative Education Program 1.7 mi Public 6-12 0 0
      Crockett 5th Grade Center 1.8 mi Public 5-5 3 0
      Austin Elementary School 1.8 mi Public PRESCHOOL-5 2 3
      Thurgood Marshall Elementary School 1.8 mi Public PRESCHOOL-5 3-5 4
      South Grand Prairie High 9th Grade Center 1.9 mi Public 9-9 3-5 5
      So Grand Prairie High School 1.9 mi Public 10-12 2-5 3
      Remynse Elementary School 2.0 mi Public PRESCHOOL-6 1 3
      Sam Rayburn Elementary School 2.0 mi Public K-4 2 2
      Grand Prairie High School 2.0 mi Public 10-12 1 2
      Grand Prairie High 9th Grade Center 2.0 mi Public 9-9 2-5 0
      Crosswinds High School 2.2 mi Public 9-12 0 4
      Harmony Science Academy - Grand Prairie 2.2 mi Public K-12 3-5 3
      Adams Middle School 2.4 mi Public 6-8 2 3
      Sallye Moore Elementary School 2.4 mi Public PRESCHOOL-5 3 4
      Ervin C Whitt Elementary School 2.4 mi Public PRESCHOOL-5 3-5 5
      Zavala Elementary School 2.5 mi Public PRESCHOOL-5 2-5 4
      Travis Elementary School 2.5 mi Public PRESCHOOL-4 1 4
      Crouch Elementary School 2.5 mi Public K-6 1 3
      Jackson Middle School 2.6 mi Public 6-8 3 3
      Immaculate Conception School 2.6 mi Catholic PRESCHOOL-8 0 4
      Eisenhower Elementary School 3.2 mi Public PRESCHOOL-5 2 3
      Hector P Garcia Elementary School 3.2 mi Public PRESCHOOL-4 2-5 2
      Fannin Middle School 3.5 mi Public 6-8 2-5 0
      John Dubiski Career High School 3.5 mi Public 9-12 4 4
      J M Farrell Elementary School 3.5 mi Public PRESCHOOL-6 3 3
      Larson Elementary School 3.7 mi Public PRESCHOOL-6 3-5 4
      Florence Hill Elementary School 3.8 mi Public PRESCHOOL-5 4 4
      Ronald Reagan Middle School 4.5 mi Public 6-9 4-5 3
      John Garner Elementary School 4.6 mi Public PRESCHOOL-5 3-5 4
      Starrett Elementary School 4.7 mi Public PRESCHOOL-6 2 3
      Harry S Truman Middle School 4.8 mi Public 6-8 3-5 3
      Colin Powell Elementary School 4.9 mi Public K-5 5 4
      Dickinson Elementary School 4.9 mi Public PRESCHOOL-5 2 3
      West Elementary School 5.1 mi Public PRESCHOOL-6 3-5 4
      Mike Moseley Elementary School 5.5 mi Public PRESCHOOL-5 3-5 3
      Louise Cabaniss Elementary School 7.2 mi Public PRESCHOOL-4 3-5 4
      Anna May Daulton Elementary School 8.3 mi Public PRESCHOOL-4 4-5 4
      Cora Spencer Elementary School 10.1 mi Public K-4 5 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: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Grand Prairie, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.