October's First-Time Homebuyer Report for Krum

Krum is a small city in Texas with a median income of $60,089 per household. Besides being very affluent, its population is much older than others with a median age of 31 years. Homes in Krum are of moderate age with a median age of 18 years. Heading the list of top schools in the city is Krum High School.

Price Range

The median value of homes in Krum is $127,200, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $344,434. Typically, Krum accounts for 5.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.

Typical Dwelling

The typical dwelling in Krum is a three-bedroom detached home worth about $160,367. To purchase a similar home, a buyer with good credit and a $32,073 cash down payment could obtain a mortgage with a 3.95% interest rate and a $222 monthly payment. The property tax rate is $19.23 per $1,000 of taxable assessed value.

Get started right now by checking out Krum homes for sale or reviewing Krum real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Berkshire Hathaway HomeServices PenFed Realty Texas
Snapped 2 homes in this area

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