Real Estate Market Update for Friendswood, TX

Video: Real Estate Community Tour for Friendswood, TX

See Real estate community tour for Friendswood, TX
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 2% from one year earlier, and down 14% 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 380-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 21%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold decreased 7% year-over-year, and decreased 16% 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 Friendswood, TX
Area Information for Friendswood, TX
  • Population: 39,703
  • Median Age: 40.53 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 1,921/sq mi
  • Population Change Since 2000: 33.53%
  • Closest Airport: William P Hobby
  • Closest College: University Of Houston-clear Lake
  • Closest Jr. College: San Jacinto College-south
  • Median Household Income: $95,221
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $271,875
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 45.1%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Friendswood, TX
Median Age: 40.53 Married: 49% Number of Households: 14,140 Households with Children: 5,534
    • 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 Friendswood, TX

      School Name Distance Type Grades School Rating Parent Rating
      C W Cline Elementary School 0.1 mi Public K-3 0 0
      Primrose School Of Friendswood 0.6 mi Private PRESCHOOL-K 0 0
      Friendswood High School 0.9 mi Public 9-12 5 4
      Friendswood Junior High 0.9 mi Public 6-8 5 0
      Wedgewood Elementary School 1.3 mi Public PRESCHOOL-5 3 0
      Westwood Elementary School 1.3 mi Public PRESCHOOL-2 0 0
      Friendswood Children's House 1.3 mi Private PRESCHOOL-K 0 0
      Zue S Bales Intermediate School 1.6 mi Public 3-5 4 0
      Brookside Intermediate School 1.7 mi Public 6-8 3 4
      The Galloway School 2.0 mi Private PRESCHOOL-5 0 0
      Windsong Intermediate School 2.2 mi Public 4-5 5 0
      C D Landolt Elementary School 2.3 mi Public PRESCHOOL-5 4 0
      Clear Brook High School 2.4 mi Public 9-12 4 4
      Lord Of Life Lutheran School 2.6 mi Private PRESCHOOL-8 0 0
      Westbrook Intermediate School 3.0 mi Public 6-8 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 School Review data by
      Local Weather for Friendswood, 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.