Real Estate Market Update for Mansfield, TX

Video: Real Estate Community Tour for Mansfield, TX

See Real estate community tour for Mansfield, TX
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 19% from one year earlier, and up 11% 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 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 57%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 250-thousand dollars. The number of units sold increased 15% year-over-year, and increased 12% 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 Mansfield, TX
Area Information for Mansfield, TX
  • Population: 65,258
  • Median Age: 34.88 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 1,793/sq mi
  • Population Change Since 2000: 128.51%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: University Of Texas-arlington
  • Closest Jr. College: Tarrant County College-southeast Campus
  • Median Household Income: $91,887
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $223,727
  • Closest Major Sports Team: Dallas Wings
  • Change Avg. Household Income Since 2000: 33.46%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mansfield, TX
Median Age: 34.88 Married: 47% Number of Households: 21,200 Households with Children: 10,001
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 Mansfield, TX

      School Name Distance Type Grades School Rating Parent Rating
      Erma Nash Elementary School 0.1 mi Public PRESCHOOL-4 3 0
      Phoenix Academy 0.3 mi Public 9-12 0 0
      First Faith Preschool & Kindergarten 0.5 mi Private PRESCHOOL-K 0 0
      Rogene Worley Middle School 0.7 mi Public 7-8 4 0
      Alice Ponder Elementary School 0.8 mi Public PRESCHOOL-4 4 0
      Willie Brown Elementary School 1.4 mi Public PRESCHOOL-4 5 0
      Mansfield Legacy High School 1.5 mi Public 9-12 3 3
      Annette Perry Elementary School 1.5 mi Public PRESCHOOL-4 4 0
      J L Boren Elementary School 1.7 mi Public PRESCHOOL-4 5 0
      Brooks Wester Middle School 1.9 mi Public 7-8 4 5
      Asa E Low Jr Intermediate School 1.9 mi Public 5-6 0 0
      Walnut Creek Academy 2.0 mi Private PRESCHOOL-4 0 0
      The Childrens Academy 2.1 mi Private PRESCHOOL-K 0 0
      Primrose School Of Walnut Creek 2.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Mary Orr Intermediate School 2.3 mi Public 5-6 0 0
      Mansfield High School 2.3 mi Public 9-12 4 4
      Mansfield Frontier High School 2.3 mi Public 11-12 0 3
      Donna Shepard Intermediate School 2.5 mi Public 5-6 0 0
      Mary Jo Sheppard Elementary School 2.6 mi Public PRESCHOOL-4 4 0
      Roberta Tipps Elementary School 2.7 mi Public PRESCHOOL-4 4 0
      Pantego Christian Academy-mansfield Campus 2.7 mi Private PRESCHOOL-5 0 0
      Nancy Neal Elementary School 3.2 mi Public PRESCHOOL-4 5 0
      Linda Jobe Middle School 3.5 mi Public 7-8 3 3
      Judy Miller Elementary 3.7 mi Public K-4 0 0
      Glenn Harmon Elementary School 3.7 mi Public PRESCHOOL-4 1 0
      Elizabeth Smith Elementary School 3.8 mi Public PRESCHOOL-4 5 0
      Danny Jones Middle School 3.9 mi Public 7-8 4 0
      Mary Lillard I School 4.2 mi Public 5-6 0 0
      Mansfield Lake Ridge High School 4.5 mi Public 9-12 0 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 Mansfield, 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.