October's First-Time Homebuyer Report for McLendon-Chisholm

McLendon-Chisholm has a much younger population than other areas in Texas with a median age of 41 years. It is also very affluent with a median income of $98,736 per household. The McLendon-Chisholm market is almost exclusively made up of detached homes, currently accounting for 100% overall.

Price Range

McLendon-Chisholm has some of the more expensive homes in the state with a median home value of $323,700 and a current average list price of $411,672. The McLendon-Chisholm market saw sales remain flat this week with four homes sold over the last 30 days, while new listings shot up to nine.

Make sure you take a look at these eye-catching homes in McLendon-Chisholm that generated the most views from potential buyers:

$450K   $499K   $370K  

Typical Dwelling

A four-bedroom detached home valued around $421,508 is considered a typical dwelling in McLendon-Chisholm. If a buyer was looking for a similar home, they would need good credit and a $84,302 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,996 and the property tax rate is $16.72 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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