Real Estate Market Update for Allen, TX
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 91% from one year earlier, and up 3% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 440-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 66%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 310-thousand dollars. The number of units sold was consistent year-over-year, and increased 38% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. 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 Allen, TX
Area Information for Allen, TX
  • Population: 98,611
  • Median Age: 36.26 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 3,736/sq mi
  • Population Change Since 2000: 124.78%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Community College District
  • Median Household Income: $107,495
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $197,500
  • Closest Major Sports Team: Frisco Roughriders (aa)
  • Change Avg. Household Income Since 2000: 44.37%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Allen, TX
Median Age: 36.26 Married: 47% Number of Households: 32,475 Households with Children: 15,810
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 Allen, TX

      School Name Distance Type Grades School Rating Parent Rating
      D L Rountree Elementary School 0.1 mi Public PRESCHOOL-6 4 0
      Lowery Freshman Center 0.3 mi Public 9-9 0 3
      Allen Montessori Academy 0.4 mi Private PRESCHOOL-1 0 0
      W E Pete Ford Middle School 0.5 mi Public 7-8 5 0
      Allen High School 0.8 mi Public 10-12 5 4
      Gene M Reed Elementary School 0.8 mi Public K-6 4 0
      George J Anderson Elementary School 1.1 mi Public K-6 5 0
      Kids R Kids # 50 1.2 mi Private PRESCHOOL-K 0 0
      Max O Vaughan Elementary School 1.3 mi Public K-6 5 0
      Alton Boyd Elementary School 1.3 mi Public K-6 2 0
      Pat Dillard Special Achievement Center 1.3 mi Public K-12 0 0
      Alvis C Story Elementary School 1.4 mi Public K-6 5 0
      Walter & Lois Curtis Middle School 1.4 mi Public 7-8 5 2
      Bolin Elementary School 1.7 mi Public K-6 5 0
      Primrose School Of East Allen 1.8 mi Private PRESCHOOL-K 0 0
      James And Margie Marion Elementary School 1.8 mi Public K-6 5 0
      The Goddard School 1.8 mi Private PRESCHOOL-K 0 0
      David And Lynda Olson Elementary School 2.0 mi Public K-6 5 0
      Watters Montessori Academy 2.0 mi Private PRESCHOOL-3 0 0
      Carlena Chandler Elementary School 2.2 mi Public K-6 5 0
      Frances E Norton Elementary School 2.3 mi Public K-6 5 0
      Lovejoy High School 2.3 mi Public 9-12 5 4
      Beverly Cheatham Elementary School 2.4 mi Public K-6 5 0
      Dr E T Boon Elementary School 2.5 mi Public K-6 5 0
      Gem Express Preschool & Kindergarten 2.6 mi Private PRESCHOOL-K 0 0
      Flossie Floyd Green Elementary School 2.7 mi Public K-6 5 0
      Heritage Montessori Academy Of Allen 2.8 mi Private PRESCHOOL-3 0 0
      Kids R Kids No 55 - West Allen 2.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Primrose School Of West Allen 3.0 mi Private PRESCHOOL-K 0 0
      Kerr Elementary School 3.1 mi Public K-6 5 0
      Montessori School At Starcreek 3.1 mi Private PRESCHOOL-6 0 0
      Ereckson Middle School 3.1 mi Public 7-8 5 3
      Willow Springs Middle School 3.6 mi Public 7-8 5 0
      Mary Evans Elementary School 4.1 mi Public K-6 5 4
      Lucas Christian Academy 4.2 mi Private K-12 0 0
      Joe V Hart Elementary School 4.3 mi Public K-4 5 0
      Carrie L Lovejoy Elementary School 4.4 mi Public K-4 5 0
      Beverly Elementary School 4.5 mi Public K-5 5 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 Allen, 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.