Real Estate Market Update for Keller, TX
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 2% from one year earlier, and down 17% 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 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 320-thousand dollars. The number of units sold decreased 17% year-over-year, and decreased 25% 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.
Show Transcript
Map Information for Keller, TX
Area Information for Keller, TX
  • Population: 41,607
  • Median Age: 39.11 yr
  • Median Commute Time: 29.39 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 2,255/sq mi
  • Population Change Since 2000: 54.19%
  • Closest Airport: Dallas/fort Worth International
  • Closest Jr. College: Tarrant County College-ne Campus
  • Median Household Income: $114,900
  • Annual Residential Turnover: 18.45%
  • Median Years in Residence: 3.28 yr
  • Median Home Sales Price: $278,550
  • Closest Major Sports Team: Cowboys
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Keller, TX
Median Age: 39.11 Married: 43% Number of Households: 14,165 Households with Children: 6,876
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 Keller, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Ridgeview Elementary School 0.3 mi Public K-4 4-5 5
      Keller-harvel Elementary School 1.3 mi Public K-4 4 4
      Woodland Springs Elementary School 1.3 mi Public K-4 4-5 5
      Keller Middle School 1.6 mi Public 7-8 5 4
      Keller High School 1.7 mi Public 9-12 4-5 3
      Keller Learning Center 1.7 mi Public 9-12 0 0
      Timber Creek High School 1.9 mi Public 9-12 4 4
      Eagle Ridge Elementary School 1.9 mi Public K-4 4-5 5
      Independence Elementary School 2.0 mi Public K-4 4 4
      John M Tidwell Middle School 2.0 mi Public 6-8 4-5 2
      Keller Montessori School & Kindergarten 2.1 mi Private K-K 0 0
      Our Lady Of Grace High School 2.3 mi Catholic 9-12 0 0
      Kay Granger Elementary School 2.4 mi Public K-5 4-5 5
      Bear Creek Intermediate School 2.5 mi Public 5-6 5 4
      J Lyndal Hughes Elementary School 2.7 mi Public PRESCHOOL-5 4 5
      Westlake Academy 2.7 mi Public K-12 4-5 4
      Caprock Elementary School 2.7 mi Public K-4 4 4
      Trinity Springs Middle School 2.7 mi Public 7-8 4-5 4
      Trinity Meadows Intermediate School 2.8 mi Public 5-6 4 5
      Roanoke Elementary School 3.1 mi Public PRESCHOOL-5 3-5 4
      James M Steele Accelerated High School 3.2 mi Public 9-12 4 0
      Wayne A Cox Elementary 3.3 mi Public PRESCHOOL-5 0 0
      Freedom Elementary School 3.3 mi Public K-4 3-5 4
      Messiah Lutheran Grammar School 3.4 mi Private K-8 0 4
      Lakeview Elementary School 3.5 mi Public K-5 4-5 4
      Central High School 3.8 mi Public 9-12 4 4
      Hidden Lakes Elementary School 3.9 mi Public K-4 5 5
      Willis Lane Elementary School 3.9 mi Public K-4 4-5 5
      Samuel Beck Elementary School 3.9 mi Public K-5 5 4
      Primrose School Of Heritage 4.0 mi Private PRESCHOOL-K 0 0
      Shady Grove Elementary School 4.1 mi Public K-4 4-5 5
      Friendship Elementary School 4.3 mi Public K-4 3 4
      Medlin Middle School 4.3 mi Public 6-8 5 4
      Timberview Middle School 4.4 mi Public 5-8 4 4
      Keller Early Learning Center 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Premier Academy Heritage 4.4 mi Private PRESCHOOL-1 0 0
      St Elizabeth Ann Seton School 4.4 mi Catholic PRESCHOOL-8 0 5
      Byron Nelson High School 4.7 mi Public 9-12 4 4
      Lone Star Elementary School 4.7 mi Public K-4 5 4
      South Keller Intermediate School 4.8 mi Public 5-6 4-5 5
      Indian Springs Middle School 4.8 mi Public 7-8 4-5 3
      Bette Perot Elementary School 4.9 mi Public K-4 4-5 4
      Light Of The World School 5.5 mi Private PRESCHOOL-K 0 0
      Fossil Ridge High School 5.5 mi Public 9-12 4 3
      Heritage Elementary School 5.7 mi Public K-4 3 4
      Denton Creek 6.0 mi Public 9-12 1 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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Keller, 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.