Real Estate Market Update for Tomball, TX

Video: Real Estate Community Tour for Tomball, TX

See Real estate community tour for Tomball, TX
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 2% from one year earlier, and down 3% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 27%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 230-thousand dollars. The number of units sold decreased 14% year-over-year, and decreased 21% 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 Tomball, TX
Area Information for Tomball, TX
  • Population: 13,687
  • Median Age: 39.34 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 1,137/sq mi
  • Population Change Since 2000: 37.8%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: Itt Technical Institute-houston North
  • Closest Jr. College: Commonwealth Institute Of Funeral Srvc
  • Median Household Income: $50,938
  • Annual Residential Turnover: 23%
  • Median Home Sales Price: $178,667
  • Closest Major Sports Team: Houston Astros
  • Change Avg. Household Income Since 2000: 53.25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Tomball, TX
Median Age: 39.34 Married: 37% Number of Households: 5,579 Households with Children: 1,608
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 Tomball, TX

      School Name Distance Type Grades School Rating Parent Rating
      Tomball Intermediate School 0.2 mi Public 5-6 0 0
      Tomball Jjaep Campus 0.4 mi Public 5-12 0 0
      Tomball Elementary School 0.4 mi Public PRESCHOOL-4 3 0
      Comquest Academy 0.5 mi Public 7-12 1 0
      Tomball Alternative Education Center 0.7 mi Public 5-12 0 0
      Step By Step Christian School 0.8 mi Private K-8 0 0
      St Anne Catholic School 0.8 mi Catholic PRESCHOOL-8 0 0
      Concordia Lutheran High School 0.9 mi Private 9-12 0 0
      Tomball High School 1.0 mi Public 9-12 4 3
      Tomball Junior High 1.2 mi Public 7-8 4 0
      Bernshausen Elementary 2.0 mi Public PRESCHOOL-5 3 0
      Salem Lutheran School 3.0 mi Private PRESCHOOL-8 0 0
      Kohrville Elementary School 4.0 mi Public PRESCHOOL-5 3 0
      Tomball Memorial High School 4.3 mi Public 9-12 5 4
      Northpointe Intermediate School 4.5 mi Public 5-6 0 0
      Blackshear Elementary School 4.7 mi Public PRESCHOOL-5 4 0
      Canyon Pointe Elementary School 4.7 mi Public K-4 5 0
      Willow Creek Elementary School 4.7 mi Public K-4 5 0
      Schultz Elementary School 4.7 mi Public PRESCHOOL-5 4 0
      Wildwood Elementary 4.8 mi Public - 0 0
      Willow Wood J High School 5.0 mi Public 7-8 5 3
      Creekview Elemenatary 5.1 mi Public - 0 0
      Rosehill Elementary School 5.2 mi Public PRESCHOOL-4 5 0
      The Woodlands Preparatory School 6.2 mi Private PRESCHOOL-12 0 0
      Lakewood Elementary School 6.7 mi Public PRESCHOOL-4 5 0
      Rosehill Christian School 6.9 mi Private PRESCHOOL-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 Tomball, 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.