Real Estate Market Update for Pearland, TX

Video: Real Estate Community Tour for Pearland, TX

See Real estate community tour for Pearland, TX
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 4% from one year earlier, and down 3% 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 under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 19%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold decreased 10% 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.
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Map Information for Pearland, TX
Area Information for Pearland, TX
  • Population: 108,507
  • Median Age: 35.3 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 2,348/sq mi
  • Population Change Since 2000: 131.4%
  • Closest Airport: William P Hobby
  • Closest College: University Of Houston
  • Closest Jr. College: San Jacinto College-south
  • Median Household Income: $90,493
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $224,944
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 45.81%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Pearland, TX
Median Age: 35.3 Married: 46% Number of Households: 36,724 Households with Children: 17,185
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 Pearland, TX

      School Name Distance Type Grades School Rating Parent Rating
      Magnolia Elementary School 0.4 mi Public PRESCHOOL-4 5 4
      Sam Jamison Middle School 0.9 mi Public 5-6 0 0
      Pearland J H South 1.2 mi Public 7-8 4 4
      Robert Turner College And Career High School 1.2 mi Public 9-12 4 3
      Alexander Middle School 1.2 mi Public 5-6 0 0
      H C Carleston Elementary School 1.2 mi Public PRESCHOOL-4 4 3
      Pearland J H West 1.5 mi Public 7-8 4 0
      Leon High Sablatura Middle School 1.5 mi Public 5-6 0 0
      Pearland High School 1.6 mi Public 9-12 4 4
      Montessori School Of Downtown - Pearland 1.6 mi Private PRESCHOOL-3 0 0
      Pace Center 1.6 mi Public 10-12 0 0
      Pearland J H East 1.6 mi Public 7-8 5 0
      St Helen Catholic School - Pearland 1.8 mi Catholic PRESCHOOL-8 0 0
      Eagle Heights Christian Academy 2.0 mi Private PRESCHOOL-12 0 0
      C J Harris Elementary School 2.0 mi Public PRESCHOOL-4 5 0
      Berry Miller Junior High 2.1 mi Public 7-8 5 4
      Rogers Middle School 2.1 mi Public 5-6 0 0
      Massey Ranch Elementary School 2.3 mi Public PRESCHOOL-4 4 0
      Tottenberrys Private School 2.4 mi Private PRESCHOOL-3 0 0
      Shadycrest Elementary School 2.4 mi Public K-4 5 5
      Barbara Cockrell Elementary School 2.6 mi Public PRESCHOOL-4 4 0
      Primrose School Of Pearland Parkway 2.6 mi Private PRESCHOOL-K 0 0
      Kids R Kids No 44 - Highland Glen 2.7 mi Private PRESCHOOL-K 0 0
      Silverline Montessori 3.1 mi Private PRESCHOOL-5 0 0
      E A Lawhon Elementary School 3.2 mi Public PRESCHOOL-4 4 0
      Glenda Dawson High School 3.7 mi Public 9-12 4 4
      Rustic Oak Elementary School 4.0 mi Public PRESCHOOL-4 5 5
      Montessori School Of Downtown - Silverlake 4.3 mi Private PRESCHOOL-4 0 3
      Kids R Kids # 13 Quality Learning 4.3 mi Private PRESCHOOL-K 0 0
      Silverlake Elementary School 4.3 mi Public K-4 5 0
      Challenger Elementary School 4.5 mi Public PRESCHOOL-4 4 0
      Silvercrest Elementary School 5.0 mi Public PRESCHOOL-4 5 0
      Primrose School Of Pearland 5.5 mi Private PRESCHOOL-K 0 0
      Nolan Ryan J High School 6.4 mi Public 6-8 4 0
      Shadow Creek High School 6.4 mi Public - 0 0
      Mary Burks Marek Elementary School 6.5 mi Public PRESCHOOL-5 4 0
      Heritage Christian Academy 6.7 mi Private PRESCHOOL-5 0 0
      Kids R Kids # 42 Tx 6.7 mi Private PRESCHOOL-K 0 0
      Silverline Montessori Shadow Creek 6.9 mi Private PRESCHOOL-5 0 0
      Glenn York Elementary School 7.4 mi Public K-5 4 0
      Laura Ingalls Wilder 7.5 mi Public PRESCHOOL-5 4 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 Pearland, 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.