Explore Pecan Grove, TX - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
B+
Cap Rate
6.73%
Investor Friendly Score
6.73%
Median Price
$392,500

Market Insights

With only 2.3 months of inventory, Pecan Grove remains a seller's market. Home prices have increased 6.1% in the past month alone. With 2.3 months of supply, Pecan Grove's inventory levels remain relatively tight. Homes are now taking an average of 61 days to sell, significantly longer than the 16 days typical for this market. A significant 26.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 7.1% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Pecan Grove market with the affordability index at 120.5. Based on current market indicators, home prices in Pecan Grove are projected to decrease by approximately 11.3% over the next month.

Demographics market for - Pecan Grove, TX

Total Population -

21,103

White Population

66.09%

Black Population

7.73%

Mexican83.74% (17.11% of total population)
Puerto Rican5.08% (1.04% of total population)
Cuban3.04% (0.62% of total population)
Dominican0%
Salvadoran4.96% (1.01% of total population)
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean1.00% (0.20% of total population)
Colombian0.51% (0.10% of total population)
Ecuadorian0%
Peruvian0.65% (0.13% of total population)
Uruguyan0%
Venezuelan1.02% (0.21% of total population)

Indian 16.21% (3.31% of total population)
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0.58% (0.12% of total population)
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 5.10% (1.04% of total population)
Srilankan 0%
Taiwanese 0%
Pakistani 5.10% (1.04% of total population)
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 1.09% (0.22% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Pecan Grove, TX

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Real Estate Market Prediction for - Pecan Grove, TX

City Hotspots
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