Real Estate Market Update for Keller, TX

Video: Real Estate Community Tour for Keller, TX

See Real estate community tour for Keller, TX
Welcome to June'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 up 18% from one year earlier, and up 28% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 540-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 29%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 390-thousand dollars. The number of units sold increased 19% year-over-year, and increased 29% 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.
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Map Information for Keller, TX
Area Information for Keller, TX
  • Population: 42,928
  • Median Age: 41.16 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,326/sq mi
  • Population Change Since 2000: 60.71%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Tyndale Theological Seminary
  • Closest Jr. College: Tarrant County College-ne Campus
  • Median Household Income: $113,846
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $337,500
  • Closest Major Sports Team: Texas Rangers
  • Change Avg. Household Income Since 2000: 33.56%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Keller, TX
Median Age: 41.16 Married: 54% Number of Households: 14,651 Households with Children: 6,699
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 School Rating Parent Rating
      Ridgeview Elementary School 0.3 mi Public K-4 4 0
      Keller-harvel Elementary School 1.3 mi Public K-4 4 0
      Woodland Springs Elementary School 1.4 mi Public K-4 4 0
      Keller Middle School 1.5 mi Public 7-8 5 0
      New Direction Learning Center 1.7 mi Public 9-12 3 0
      Keller High School 1.7 mi Public 9-12 5 4
      Independence Elementary School 2.0 mi Public K-4 3 0
      John M Tidwell Middle School 2.0 mi Public 6-8 4 5
      Keller Montessori School & Kindergarten 2.1 mi Private PRESCHOOL-K 0 0
      Our Lady Of Grace High School 2.3 mi Catholic 9-12 0 0
      Stepping Stones Academy 2.4 mi Private PRESCHOOL-K 0 0
      Kay Granger Elementary School 2.4 mi Public K-5 5 0
      Bear Creek Intermediate School 2.5 mi Public 5-6 0 0
      Timber Creek High School 2.5 mi Public 9-12 4 4
      J Lyndal Hughes Elementary School 2.6 mi Public PRESCHOOL-5 3 0
      Westlake Academy 2.7 mi Public K-12 5 0
      Caprock Elementary School 2.7 mi Public K-4 2 0
      Trinity Springs Middle School 2.7 mi Public 7-8 3 0
      Trinity Meadows Intermediate School 2.8 mi Public 5-6 0 0
      James M Steele Accelerated High School 3.2 mi Public 9-12 5 4
      Wayne A Cox Elementary 3.3 mi Public PRESCHOOL-5 5 0
      Freedom Elementary School 3.3 mi Public K-4 2 0
      Messiah Lutheran Grammar School 3.4 mi Private K-8 0 0
      Lakeview Elementary School 3.5 mi Public K-5 5 0
      Eagle Ridge Elementary School 3.7 mi Public K-4 4 0
      Central High School 3.8 mi Public 9-12 5 4
      Hidden Lakes Elementary School 3.9 mi Public K-4 5 0
      Willis Lane Elementary School 3.9 mi Public K-4 5 0
      Primrose School Of Heritage 4.0 mi Private PRESCHOOL-K 0 0
      Samuel Beck Elementary School 4.0 mi Public K-5 5 0
      Shady Grove Elementary School 4.1 mi Public K-4 4 0
      Friendship Elementary School 4.3 mi Public K-4 3 5
      Roanoke Elementary School 4.3 mi Public PRESCHOOL-5 3 0
      Medlin Middle School 4.4 mi Public 6-8 5 0
      Keller Early Learning Center 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Premier Academy Heritage 4.4 mi Private PRESCHOOL-K 0 0
      Timberview Middle School 4.4 mi Public 5-8 4 0
      St Elizabeth Ann Seton School 4.4 mi Catholic PRESCHOOL-8 0 0
      Byron Nelson High School 4.7 mi Public 9-12 4 4
      Lone Star Elementary School 4.7 mi Public K-4 5 0
      South Keller Intermediate School 4.8 mi Public 5-6 0 0
      Indian Springs Middle School 4.8 mi Public 7-8 4 0
      Bette Perot Elementary School 4.9 mi Public K-4 5 0
      Light Of The World School 5.5 mi Private PRESCHOOL-K 0 0
      Fossil Ridge High School 5.7 mi Public 9-12 4 4
      Heritage Elementary School 5.7 mi Public K-4 2 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Keller, 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.