Grand Prairie, TX Real Estate
According to census data in the year 2000 there were 46,261 housing units in Grand Prairie.
This represents a 19.5% growth from 38,721 in 1990.
Of those housing units, 46,042 were located in either urbanized areas or urban clusters, and 219 were located in what is classified as a rural area.
Homeownership rate in Grand Prairie is about 61.3%.
Grand Prairie's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Grand Prairie were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.40% |
| One Bedroom | 16.70% |
| Two Bedrooms | 23.20% |
| Three Bedrooms | 41.90% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $84,100 |
| Median Price asked for vacant units | $77,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $614 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 69.70% |
| Debt Free | 22% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
