October's First-Time Homebuyer Report for Panorama Village

Panorama Village ranks as the fastest growing city in Texas at a 10-year growth rate of 54.5%. However, its population only ranks 663rd in size with 2,170 people. Homes in Panorama Village are relatively old with a median age of 28 years. The best schools in the city are W Lloyd Meador El School, Jjaep, and Willis High School.

Price Range

Panorama Village has some of the more expensive homes in the state with a median home value of $168,900 and a current average list price of $222,683. The Panorama Village market broke below its 12-month average sales volume this week as sales slid 28.6% to hit five homes sold over the last 30 days.

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

$286K   $169K   $172K  

Typical Dwelling

A three-bedroom detached home valued around $199,892 is considered a typical dwelling in Panorama Village. If a buyer was looking for a similar home, they would need good credit and a $39,978 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,215 and the property tax rate is $17.51 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


Ask a local expert about this area:
Connect Realty
Snapped 8 homes in this area
Reside Residential
Snapped 2 homes in this area
Metropolitan Properties USA
Snapped 1 home in this area

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