Real Estate Market Update for North Richland Hills, TX

Video: Real Estate Community Tour for North Richland Hills, TX

See Real estate community tour for North Richland Hills, TX
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 34% from one year earlier, and up 22% 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 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 20%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 170-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 12% 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 North Richland Hills, TX
Area Information for North Richland Hills, TX
  • Population: 66,509
  • Median Age: 37.61 yr
  • Median Commute Time: 23.13 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 3,659/sq mi
  • Population Change Since 2000: 19.22%
  • Closest Airport: Dallas/fort Worth International
  • Closest Jr. College: Tarrant County College-ne Campus
  • Median Household Income: $64,659
  • Annual Residential Turnover: 19.26%
  • Median Years in Residence: 3.16 yr
  • Median Home Sales Price: $154,625
  • Closest Major Sports Team: Cowboys
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for North Richland Hills, TX
Median Age: 37.61 Married: 37% Number of Households: 25,989 Households with Children: 9,229
    • 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 North Richland Hills, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St John The Apostle Catholic 0.9 mi Catholic PRESCHOOL-8 0 5
      Jack C Binion Elementary School 0.9 mi Public PRESCHOOL-5 2-5 3
      Holiday Heights Elementary School 1.1 mi Public PRESCHOOL-5 3 4
      Academy At Carrie F Thomas 1.2 mi Public K-5 3 3
      Richland Middle School 1.5 mi Public 6-8 2-5 3
      Richland High School 1.6 mi Public 9-12 3-5 3
      Snow Heights Elementary School 1.7 mi Public PRESCHOOL-5 5 5
      Walker Creek Elementary School 1.8 mi Public PRESCHOOL-5 4-5 5
      Alliene Mullendore Elementary School 1.9 mi Public PRESCHOOL-5 3 4
      North Richland Middle School 2.0 mi Public 6-8 3 4
      Fort Worth Christian School 2.2 mi Private PRESCHOOL-12 0 4
      Richland Elementary School 2.2 mi Public K-5 3 3
      Birdville High School 2.3 mi Public 9-12 4 4
      Smithfield Middle School 2.5 mi Public 6-8 4-5 4
      River Trails Elementary School 2.5 mi Public K-6 4-5 5
      Birdville Center Of Technology And Advanced Learni 2.6 mi Public 9-12 0 0
      North Park Christian Academy 2.6 mi Private PRESCHOOL-4 0 4
      Smithfield Elementary School 2.6 mi Public K-5 3 4
      North Ridge Elementary School 3.5 mi Public PRESCHOOL-5 3-5 4
      Foster Village Elementary School 3.5 mi Public PRESCHOOL-5 3-5 4
      North Ridge Middle School 3.6 mi Public 6-8 4 4
      Green Valley Elementary School 4.2 mi Public PRESCHOOL-5 5 4
      North Richland Hills Montessori 5.1 mi Private PRESCHOOL-2 0 0
      Good Beginnings School 5.3 mi Private PRESCHOOL-K 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: and Onboard Informatics © 2015
      Local Weather for North Richland Hills, 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.