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 May'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 25% from one year earlier, and up 7% 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 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 85%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold decreased 14% year-over-year, and decreased 5% 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 Irving, TX
Area Information for Irving, TX
  • Population: 222,402
  • Median Age: 30.97 yr
  • Median Commute Time: 20.82 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 3,319/sq mi
  • Population Change Since 2000: 16.07%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Holy Trinity Seminary
  • Closest Jr. College: North Lake College
  • Median Household Income: $48,640
  • Annual Residential Turnover: 25.34%
  • Median Years in Residence: 2.51 yr
  • Median Home Sales Price: $143,188
  • Closest Major Sports Team: Rangers
  • Change Avg. Household Income Since 2000: 8%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Irving, TX
Median Age: 30.97 Married: 26% Number of Households: 85,393 Households with Children: 31,154
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 GreatSchools Rating Parent Rating
      Lee Elementary 0.4 mi Public K-5 2 4
      Travis Middle School 0.6 mi Public 6-8 2 4
      Macarthur High School 0.7 mi Public 9-12 2-5 3
      The Academy Of Irving Isd 0.9 mi Public 9-12 0 0
      Jackie Mae Townsell Elementary 1.0 mi Public K-5 2-5 4
      Brandenburg Elementary 1.0 mi Public K-5 2 4
      Houston Middle School 1.0 mi Public 6-8 2 3
      Clifton Early Childhood 1.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Universal Academy 1.3 mi Public PRESCHOOL-12 2 3
      Johnston Elementary 1.3 mi Public K-5 1 3
      The Sloan School 1.3 mi Private PRESCHOOL-5 0 5
      Farine Elementary 1.4 mi Public K-5 1 3
      Wesleyan Academe 1.5 mi Private PRESCHOOL-1 0 4
      Las Colinas Montessori School 1.5 mi Private PRESCHOOL-K 0 0
      Crockett Middle School 1.7 mi Public 6-8 1 3
      University School 1.8 mi Public 4-8 2-5 2
      Redeemer Montessori School 1.9 mi Private PRESCHOOL-6 0 4
      Thomas Haley Elementary 1.9 mi Public K-5 0 0
      Lively Elementary 1.9 mi Public K-5 1 4
      Hanes Elementary 2.2 mi Public K-5 1 3
      Secondary Reassign Ctr 2.4 mi Public 6-12 0 0
      Miss Bloomingdales Academy 2.5 mi Private PRESCHOOL-K 0 0
      Keyes Elementary 2.5 mi Public K-5 1 4
      Holy Family Of Nazareth 2.5 mi Catholic PRESCHOOL-8 0 4
      Islamic School Of Irving 2.6 mi Private PRESCHOOL-12 0 4
      Lady Bird Johnson Middle 2.6 mi Public 6-8 0 0
      Barton Elementary 2.7 mi Public K-5 1 3
      Irving High School 2.8 mi Public 9-12 1 4
      The Highlands School 2.8 mi Catholic PRESCHOOL-12 0 4
      Lorenzo De Zavala Middle School 2.9 mi Public 6-8 2 4
      Union Bower Center For Learning 2.9 mi Public 7-12 0 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 (richardson) 3.0 mi Public 9-12 2 3
      Winfree Academy Charter School (irving) 3.0 mi Public 9-12 1 4
      Austin Middle School 3.2 mi Public 6-8 1 4
      Lamar Middle School 3.2 mi Public 6-8 2 3
      North Hills Prepartory 3.2 mi Public K-12 5 4
      Uplift Education - North Hills Prep High School 3.2 mi Public 9-12 0 0
      Uplift Education - North Hills Primary School 3.2 mi Public PRESCHOOL-5 4-5 5
      St Luke 3.3 mi Catholic PRESCHOOL-8 0 5
      Haley J Elementary 3.3 mi Public K-5 2-5 3
      Good Elementary 3.3 mi Public K-5 1 3
      Davis Elementary 3.3 mi Public K-5 1 3
      Kinkeade Early Childhood 3.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Childrens Discovery Center 3.6 mi Private PRESCHOOL-K 0 0
      Brown Elementary 3.7 mi Public K-5 1 3
      La Villita Elementary School 3.7 mi Public PRESCHOOL-5 3-5 4
      Parkridge Montessori School 3.7 mi Private PRESCHOOL-K 0 0
      Gilbert F M Elementary 3.7 mi Public K-5 1 4
      Bowie Middle School 3.9 mi Public 6-8 2 3
      Las Colinas Elementary 4.0 mi Public PRESCHOOL-5 4 5
      Stonegate Christian Academy 4.0 mi Private PRESCHOOL-12 0 0
      Premier H S Of South Irving 4.0 mi Public 6-12 0 0
      Berean Christian Academy 4.0 mi Private PRESCHOOL-6 0 5
      Uplift Education - Infinity Prep Primary School 4.1 mi Public K-1 2-5 0
      Uplift Education - Infinity Prep Middle School 4.1 mi Public 6-6 4 0
      Britain Elementary 4.1 mi Public K-5 1 3
      Townley Elementary 4.3 mi Public K-5 3 4
      Ranchview High School 4.5 mi Public 9-12 2-5 3
      Manara Academy 4.6 mi Public K-8 3-5 3
      Elliott Elementary 4.6 mi Public K-5 2 4
      Nimitz High School 4.7 mi Public 9-12 2 3
      Freeman Elementary 4.7 mi Public PRESCHOOL-5 3-5 4
      Schulze Elementary 4.8 mi Public K-5 2 3
      Wheeler Transitional And Developmental Center 4.8 mi Public K-12 0 4
      Wheeler Transitional And Developmental Sec Ctr 4.8 mi Public K-12 0 4
      Valley Ranch Kindercare 4.8 mi Private PRESCHOOL-K 0 0
      Landry Elementary 5.1 mi Public PRESCHOOL-5 1 4
      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 5.5 mi Public PRESCHOOL-5 4-5 4
      Pierce Private Day School 5.7 mi Private PRESCHOOL-2 0 0
      Bush Middle School 6.2 mi Public 6-8 3 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 © 2015
      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.