Real Estate Market Update for Royse City, TX

Video: Real Estate Community Tour for Royse City, TX

See Real estate community tour for Royse City, 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 down 19% from one year earlier, and up 14% 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 61%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 180-thousand dollars. The number of units sold increased 2% year-over-year, and increased 26% 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 Royse City, TX
Area Information for Royse City, TX
  • Population: 11,118
  • Median Age: 32 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 697/sq mi
  • Population Change Since 2000: 193.62%
  • Closest Airport: Dallas Love Field
  • Closest College: Southwestern Christian College
  • Closest Jr. College: Remington College-dallas Campus
  • Median Household Income: $68,407
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $156,340
  • Closest Major Sports Team: Fc Dallas
  • Change Avg. Household Income Since 2000: 38.05%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Royse City, TX
Median Age: 32 Married: 44% Number of Households: 3,625 Households with Children: 1,816
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 Royse City, TX

      School Name Distance Type Grades School Rating Parent Rating
      Liberty Grove Elementary School 3.9 mi Public PRESCHOOL-5 2 0
      Keeley Elementary School 4.6 mi Public K-5 5 0
      Giddens Steadham Elementary 4.8 mi Public PRESCHOOL-5 3 0
      Vernon Schrade Middle School 4.8 mi Public 6-8 3 0
      Primrose School Of Rowlett 4.9 mi Private PRESCHOOL-K 0 0
      Harry H Herndon 5.0 mi Public 5-6 0 0
      Ruth Cherry Intermediate 5.6 mi Public 5-6 0 0
      Anita Scott Elementary School 6.8 mi Public PRESCHOOL-4 4 0
      Back Elementary School 6.9 mi Public PRESCHOOL-5 3 0
      Shekinah Radiance Academy (dallas 7.1 mi Public K-6 2 0
      Norma Dorsey Elementary School 7.7 mi Public K-5 3 0
      Royse City High School 7.8 mi Public 9-12 3 3
      Hh Browning Academy 8.0 mi Public 9-12 0 0
      Royse City Middle School 9.2 mi Public 7-8 2 0
      W R (bill) Fort Elementary School 9.4 mi Public PRESCHOOL-4 4 0
      Davis Elementary School 11.0 mi Public PRESCHOOL-4 3 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 Royse City, 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.