Grand Prairie Real Estate Market Overview
Average Monthly Rent:
$1,123
Percentage Change in Home Price/Value:
4.50%
Median Home Value:
$220,950
Best Time To Sell Home:
November
Affordability Index:
High
Days To Sell House:
49.96
Job Market:
Strong
Public School Ranking:
33
Selling a House in Grand Prairie
In Grand Prairie, it’s recommended that homeowners sell in November. The cities average number of days to sell a house is 82.5, and this month specifically shows the highest amount of sales. With an iBuyer, your home could sell in a shorter amount of time. If you find yourself needing to relocate for a job, family or other personal matter, iBuyers will take care of your home sale quicker than any other selling alternative.
Location and Weather
Grand Prairie is in the Dallas-Fort Worth metroplex area of Dallas County . Situated in East Central Texas, Grand Prairie is next to Joe Pool Lake and Mountain Creek Lake. The city is 13 miles west of Dallas and 21 miles east of Fort Worth. The residents of Grand Prairie have many options in terms of recreation, as it is home to a horse track at Lone Star Park, a 7,500-acre Joe Pool Lake, a year-round Epic Waters Indoor Waterpark, a 161-acre flea market at Traders Village, and one of the infamous Ripley’s Believe It Or Not! museums. Grand Prairie also has its own minor league baseball team, the Grand Prairie AirHogs.
In Grand Prairie, the summers are hot and muggy, while the winters are cold and windy. The summer temperatures are in the mid-90’s, with lows in the 70’s. Winter temperatures are in the 60’s, with lows in the high 30’s.
Population, Job Market and Cost of Living
Grand Prairie’s population in 2019 was 188,664, with a growth rate of 13.8 %. The job growth has increased by 3.06% over the last year and in ten years, is predicted to have increased by 43.55%. The major industries are retail trade, manufacturing, healthcare, and social assistance. Some bigger companies to work for are Poly-America, Grand Prairie ISD, Six Flags, CornerStone Staffing and Action Logistics, Inc. The cost of living is moderate, due to the Grand Prairie real estate market and cost of available housing.
With its proximity to Dallas and Fort Worth, attractions for families and outdoor enthusiasts, a small sports culture and increasing job growth, Grand Prairie is the perfect example of suburban community living.
