Real Estate Market Update for Irving, TX

Video: Real Estate Community Tour for Irving, TX

See Real estate community tour for Irving, TX
Welcome to April'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 5% from one year earlier, and up 9% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 420-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 42%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold increased 13% year-over-year, and increased 19% 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.
Show Transcript
Map Information for Irving, TX
Area Information for Irving, TX
  • Population: 233,334
  • Median Age: 32.97 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,481/sq mi
  • Population Change Since 2000: 21.82%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Holy Trinity Seminary
  • Closest Jr. College: North Lake College
  • Median Household Income: $54,129
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $168,490
  • Closest Major Sports Team: Dallas Cowboys
  • Change Avg. Household Income Since 2000: 28.63%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Irving, TX
Median Age: 32.97 Married: 37% Number of Households: 90,185 Households with Children: 29,909
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 Irving, TX

      School Name Distance Type Grades School Rating Parent Rating
      Lee Elementary School 0.4 mi Public K-5 1 0
      Travis Middle School 0.6 mi Public 6-8 1 0
      Macarthur High School 0.7 mi Public 9-12 3 3
      Jack E Singley Academy 0.9 mi Public 9-12 3 3
      Houston Middle School 0.9 mi Public 6-8 1 0
      Jackie Mae Townsell Elementary School 1.0 mi Public K-5 1 0
      Brandenburg Elementary School 1.0 mi Public K-5 2 4
      Clifton Early Childhood 1.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Universal Academy 1.3 mi Public PRESCHOOL-12 2 0
      The Sloan School 1.3 mi Private PRESCHOOL-5 0 0
      Farine Elementary School 1.4 mi Public K-5 1 0
      Johnston Elementary School 1.4 mi Public K-5 2 0
      Wesleyan Academe 1.5 mi Private PRESCHOOL-1 0 0
      Las Colinas Montessori School 1.5 mi Private PRESCHOOL-K 0 0
      Crockett Middle School 1.7 mi Public 6-8 1 0
      Redeemer Montessori School 1.9 mi Private PRESCHOOL-6 0 0
      Thomas Haley Elementary 1.9 mi Public K-5 2 0
      Lively Elementary School 1.9 mi Public K-5 1 0
      Hanes Elementary School 2.2 mi Public K-5 1 0
      Secondary Reassign Center 2.4 mi Public 6-12 0 0
      Keyes Elementary School 2.4 mi Public K-5 1 0
      Miss Bloomingdales Academy 2.5 mi Private PRESCHOOL-K 0 0
      Holy Family Of Nazareth School 2.5 mi Catholic PRESCHOOL-8 0 0
      Lady Bird Johnson Middle 2.6 mi Public 6-8 1 0
      Islamic School Of Irving 2.6 mi Private PRESCHOOL-12 0 0
      Barton Elementary School 2.7 mi Public K-5 1 0
      Irving High School 2.8 mi Public 9-12 1 3
      Cistercian Preparatory School 2.8 mi Catholic 5-12 0 4
      The Highlands School 2.8 mi Catholic PRESCHOOL-12 0 0
      Lorenzo De Zavala Middle School 2.9 mi Public 6-8 2 0
      Barbara Cardwell Career Preparatory Center 2.9 mi Public 8-12 1 0
      Primrose School Of Las Colinas 3.0 mi Private PRESCHOOL-PRESCHOOL 0 0
      Pierce Early Childhood 3.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Winfree Academy Charter School (le 3.0 mi Public 9-12 0 0
      Winfree Academy Charter School (ir 3.0 mi Public 9-12 0 0
      Austin Middle School 3.2 mi Public 6-8 1 0
      Lamar Middle School 3.2 mi Public 6-8 1 0
      St Luke Catholic School 3.3 mi Catholic PRESCHOOL-8 0 0
      Haley J Elementary School 3.3 mi Public K-5 3 0
      Uplift Education - North Hills Prep High School 3.3 mi Public 9-12 4 4
      Uplift Educatiion-north Hills Prep 3.3 mi Public K-5 5 0
      Uplift Education - North Hills Prep Middle School 3.3 mi Public K-12 5 0
      Davis Elementary School 3.4 mi Public K-5 2 0
      Good Elementary School 3.4 mi Public K-5 1 0
      Kinkeade Early Childhood 3.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Childrens Discovery Center 3.6 mi Private PRESCHOOL-K 0 0
      La Villita Elementary School 3.7 mi Public PRESCHOOL-5 4 0
      Brown Elementary School 3.7 mi Public K-5 2 0
      Parkridge Montessori School 3.7 mi Private PRESCHOOL-K 0 0
      Gilbert F M Elementary School 3.7 mi Public K-5 2 0
      Bowie Middle School 3.9 mi Public 6-8 1 0
      Las Colinas Elementary School 4.0 mi Public PRESCHOOL-5 5 0
      Stonegate Christian Academy 4.0 mi Private PRESCHOOL-12 0 0
      Premier H S Of South Irving 4.0 mi Public 9-12 1 0
      Berean Christian Academy 4.0 mi Private PRESCHOOL-6 0 0
      Britain Elementary School 4.1 mi Public K-5 2 0
      Uplift Education - Infinity Preparatory School 4.2 mi Public K-2 1 0
      Uplift Education - Infinity Preparatory School 4.2 mi Public 6-7 3 0
      Townley Elementary School 4.3 mi Public K-5 3 0
      John W And Margie Stipes Elementary School 4.3 mi Public K-5 3 0
      Ranchview High School 4.5 mi Public 9-12 3 3
      Manara Academy 4.6 mi Public K-8 4 0
      Elliott Elementary School 4.6 mi Public K-5 2 0
      Nimitz High School 4.7 mi Public 9-12 2 3
      Freeman Elementary School 4.7 mi Public K-5 3 0
      Schulze Elementary School 4.8 mi Public K-5 1 0
      Valley Ranch Kindercare 4.8 mi Private PRESCHOOL-K 0 0
      Landry Elementary School 5.1 mi Public PRESCHOOL-5 1 0
      Primrose School Of Valley Ranch 5.2 mi Private PRESCHOOL-K 0 0
      New Age Montessori School Of Valley Ranch 5.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Valley Ranch Elementary School 5.5 mi Public PRESCHOOL-5 5 0
      Pierce Private Day School 5.7 mi Private PRESCHOOL-2 0 0
      Bush Middle School 6.2 mi Public 6-8 3 3
      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 © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Irving, 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.