Keller has been described as an affluent city, as are many of the suburban bedroom communities surrounding the Dallas-Fort Worth area of North Texas. Prospective home shoppers interested in Keller Texas real estate are sure to be pleasantly surprised that despite the financial wealth represented in this relatively small community, there are some very affordable homes. If you’ve been searching websites for “Keller Texas real estate” you’ve come to the right place.
Keller is located in Tarrant County, and is a popular suburb of Fort Worth. It’s located in the bustling Dallas-Fort Worth Metroplex. The current population of Keller is estimated at 42,000 people who live in the geographic area of approximately 18.5 square miles.
Let’s take a closer look into Keller Texas homes for sale.
According to the well-respected real estate websites, Trulia and Zillow, there are roughly 275 homes for sale in Keller Texas. While the number of homes on the market at any given time is subject to change depending on new home starts and other factors, you may find it interesting that with a population of 42,000 people there are only 275 or so homes for sale.
Questions about buying or selling in Keller? Give one of our experts a call at 817-509-1400 or 866-761-5217
From a real estate analysis it can be gleaned that Keller residents, once they buy, don’t move as quickly or as often as some in other areas of Texas or the United States as a whole. Perhaps one reason can be found in the demographic composition of Keller residents.
More than 28% of Keller’s population is aged 45 or older, with roughly 33% being in the 25-44 age group. One theory could be that a portion of the Millennial population are unable or unwilling to purchase a home yet due in part to student loan debt, failure to save a sufficient down payment or other reasons. In addition, the large percentage of residents in the over-45 demographic – although financially able to buy – typically tend to stay in their homes longer until it’s time to downsize or after they’ve successfully completed paying for their children’s college years. Whatever the reason, the relatively small number of homes for sale in the Keller Texas real estate market can be both a good opportunity and a challenging one.
A more in-depth review of Keller Texas real estate is an interesting exercise to show the typical sales prices of various 3-, 4-, and 5-bedroom homes for sale.
Keller Home Prices
A typical 3-bedroom home in Keller with 1,800 to 2,750 square feet is likely to be on the market for between $250,000 and $325,000 or more. In this recent analysis, there were actually several homes for sale in Keller Texas for less than $250,000.
A typical 4-bedroom home in Keller from 2,850- 3,500 square feet is likely listed between $315,000 - $390,000 or higher. Again, there were a number of homes in this size category that were in the $300,000 range.
A typical 5-bedroom home in Keller with 3,500 to 4,500 square feet will probably be on the market in the $395,000 to $495,000 range or higher – depending on the overall size of the home, the neighborhood in which it’s located, the age and other considerations.
As one would expect, there are a fairly good number of homes in the Keller Texas real estate market that are priced considerably higher than $500,000. In addition, there are a select few homes that are on the market for $1 million or more.
History of Keller
To fully understand where Keller fits into its rightful place as one of the more popular suburbs in the Dallas-Fort Worth Metroplex, it’s important to look at a brief history.
Keller was settled by a group of Missouri homesteaders who eventually built a cotton gin, a grist mill, a blacksmith shop and a few general stores. An all-important railroad depot was added in the 1880s providing a handful of new villages along the railroad. Keller became the largest and most well-known of the settlements – primarily because of the hardwood trees in the area and their proximity to a good water supply, the Trinity River.
Today, Keller is a thriving community largely recognized for its high quality of life, its livability with respect to the various amenities it has to offer its citizens and other municipal measurements used to rank cities of similar size throughout the United States. In 2009, Money magazine cited Keller as #7 in the 10 “Best Places to Live” in America. In 2011 the magazine once again rated Keller as one of the top 100 “Best Places to Live,” this time at #93. As one Keller resident put it, “It wasn’t so much that we fell down in ranking, but some other places in the country stepped up their game.”
Keller is served by the Keller Independent School District, whose enrollment has doubled in the past ten years and is on track to double again during the next decade. This anticipated growth will make Keller the ninth fastest-growing school district in Texas, and among the fastest-growing in the nation.
All these rankings and accolades bode well for Keller Texas real estate. Prospective purchasers relocating or moving into the Dallas-Fort Worth area take notice of the most popular places to live, work and play – and Keller is at or near the top of the list – year after year.
New Homes in Keller Texas
In addition to the existing home market in Keller, there are a large number of new homes being built in the market. Depending on when a home being built is classified as “for sale,” “under construction” or “on the drawing board,” the total number of homes for sale in Keller will likely rise as a result of these newly-constructed homes. In addition, home starts or building permits issued for the purpose of new construction continue to enjoy a fairly good pace.
The Keller Texas real estate market of newly-constructed homes for sale is made up of a variety of floor plans offered by some well-known national home builders. As such, the quality of the new home product is generally high, and purchasers interested in new homes will be happy to note that not only are the homes affordably priced, they are termed good investments by many of the previous new home buyers. Of course, as we always say, in real estate – as in life – there are no guarantees, but the Keller real estate market has enjoyed a higher appreciation rate in the past few years than a number of comparably-sized markets throughout the country.
In summary, Keller is definitely a market you should strongly consider if you’re ready to buy. And we at Nu Home Source Realty LLC hope you’ll call on us to assist you with all your home buying needs. Our experienced and knowledgeable real estate professionals are well-versed in the Keller and surrounding markets and we know what’s selling – and for how much.
Call Nu Home Source Realty LLC today at 1-866-761-5217 and let’s discuss what you’re looking for in a home for your family’s needs. We’ll match your wants and needs with the homes for sale in Keller Texas and come up with a list of potential houses for you to consider. When you’re ready to visit a few in person, we’ll go with you and be with you every step of the way. After all, our goal is to not just sell you a home – our goal is the same as yours -- to help you find that “just right” home for your family, at a price that won’t crush your budget.
We would love the opportunity too be of service to you. We’ve helped hundreds of homeowners through the years in Keller and the surrounding markets we serve. Won’t you allow us to add you to the growing list of satisfied Nu Home Realty clients? Call us today and let’s get started.
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Listing information last updated on May 27th, 2017 at 3:00am CDT.