Real Estate Market Update for Pasadena, TX

Video: Real Estate Community Tour for Pasadena, TX

See Real estate community tour for Pasadena, 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 41% from one year earlier, and down 8% 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 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 4%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold increased 21% year-over-year, and increased 9% 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 Pasadena, TX
Area Information for Pasadena, TX
  • Population: 157,605
  • Median Age: 31.85 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,554/sq mi
  • Population Change Since 2000: 10.88%
  • Closest Airport: William P Hobby
  • Closest College: Texas Chiropractic College
  • Closest Jr. College: San Jacinto College-central
  • Median Household Income: $46,421
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $128,921
  • Closest Major Sports Team: Houston Dynamo
  • Change Avg. Household Income Since 2000: 25.27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Pasadena, TX
Median Age: 31.85 Married: 36% Number of Households: 51,321 Households with Children: 21,213
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 Pasadena, TX

      School Name Distance Type Grades School Rating Parent Rating
      Space Center Blvd 1.4 mi Private PRESCHOOL-K 0 0
      The Summit (intermediate) 1.4 mi Public 6-12 0 0
      Community School 1.4 mi Public 11-12 0 0
      The Summit (high School) 1.4 mi Public 9-12 0 0
      Golden Acres Elementary School 1.6 mi Public PRESCHOOL-4 4 0
      Vista Academy Of Pasadena 1.7 mi Public K-5 4 0
      First Baptist Christian Academy 1.7 mi Private PRESCHOOL-12 0 0
      San Jacinto Intermediate School 1.7 mi Public 7-8 1 4
      Fairmont Elementary School 1.9 mi Public K-5 5 0
      Mcmasters Elementary School 2.0 mi Public PRESCHOOL-4 1 0
      Parks Elementary School 2.1 mi Public PRESCHOOL-4 1 0
      Fairmont Jr High School 2.2 mi Public 6-8 4 0
      Keller Middle School 2.2 mi Public 5-6 0 0
      Parkwood Elementary School 2.4 mi Public K-2 0 0
      Jensen Elementary School 2.5 mi Public PRESCHOOL-4 4 0
      Turner Elementary School 2.7 mi Public PRESCHOOL-4 4 0
      Fisher Elementary School 2.7 mi Public PRESCHOOL-4 4 0
      Marshall Kendrick Middle 2.7 mi Public 5-6 0 0
      Bondy Intermediate School 2.7 mi Public 7-8 3 0
      Sam Rayburn High School 2.7 mi Public 9-12 2 3
      Deepwater Jr High School 2.7 mi Public 6-8 3 0
      Early Childhood Center 2.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Mae Smythe Elementary School 2.8 mi Public PRESCHOOL-4 2 0
      Asbury Methodist Day School 2.8 mi Private PRESCHOOL-K 0 0
      Sparks Elementary School 2.8 mi Public PRESCHOOL-4 2 0
      Deepwater Elementary School 2.9 mi Public 3-5 2 0
      Park View Intermediate School 2.9 mi Public 6-8 2 4
      Guidance Center 3.0 mi Public 5-12 0 0
      Faith Christian Academy 3.2 mi Private K-12 0 0
      Pasadena Memorial High School 3.3 mi Public 9-12 3 3
      Southmore Intermediate School 3.3 mi Public 7-8 3 0
      Pomeroy Elementary School 3.3 mi Public PRESCHOOL-4 3 0
      Career & Technical H S 3.3 mi Public 9-12 0 0
      The Children's University 3.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Teague Elementary School 3.5 mi Public K-4 2 0
      Carter Lomax Middle School 3.7 mi Public 5-6 0 0
      Tegeler Career Center 3.7 mi Public 7-12 0 0
      Red Bluff Elementary School 3.7 mi Public PRESCHOOL-4 2 0
      First Friends Day School 3.7 mi Private PRESCHOOL-K 0 0
      Bailey Elementary School 3.7 mi Public PRESCHOOL-4 3 0
      Bobby Shaw Middle School 3.8 mi Public 5-6 0 3
      Miller Intermediate School 4.0 mi Public 7-8 2 0
      Pueblos Royal Christian School 4.0 mi Private PRESCHOOL-12 0 0
      Gardens Elementary School 4.1 mi Public PRESCHOOL-4 0 0
      Young Elementary School 4.2 mi Public PRESCHOOL-4 2 0
      Jackson Intermediate School 4.4 mi Public 7-8 2 0
      South Shaver Elementary School 4.5 mi Public PRESCHOOL-4 2 0
      St. Pius V Catholic School 4.8 mi Catholic PRESCHOOL-8 0 0
      Kruse Elementary School 5.0 mi Public PRESCHOOL-4 2 0
      De Zavala Middle School 5.0 mi Public 5-6 0 0
      Morales Elementary School 5.0 mi Public PRESCHOOL-4 3 0
      Apostolic Christian Academy 5.2 mi Private 1-12 0 0
      Pasadena High School 5.3 mi Public 9-12 1 3
      Richey Elementary School 5.5 mi Public PRESCHOOL-4 1 0
      Williams Elementary School 5.7 mi Public PRESCHOOL-5 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 Pasadena, 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.