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Grapevine Homes For Sale - Choosing Grapevine Homes for Sale

city percent average population

Grapevine, Texas is a suburb of Dallas and Fort Worth. It is located in Tarrant County, just west of the Dallas-Fort Worth International Airport. The population of Grapevine is growing rapidly and in 2009, it was estimated to be 51,038. The area in which this ultra-modern city is located was first settled in the late 1840s. The name of the town originated from the abundant wild mustang grapes that can be found throughout the area. By 1890, Grapevine had a population of 800 along with a post office, newspaper, and a public school. The city was officially incorporated in 1907. During the first half of the 20th century, the city did not see much growth, but the population steadily grew after WWII and really took off when the airport opened in 1974. Today, Grapevine is known for being a diverse yet strikingly average modern city that is also the center of Texas wine-making.

Although the city officially declares the average value of Grapevine homes to be $188,000, the average value of Grapevine homes for sale is actually just over $250,000. For its size, Grapevine homes for sale are in a tight market that is on target to reach over 350 listings at any time. The foreclosure rate in the city is also low, with less than 100 foreclosure homes for sale. Grapevine has been virtually immune to the mortgage crises of 2006. Although home values dropped for a couple of months, overall the market has steadily risen since 2004.

The small numbers of Grapevine homes for sale are among the 16,486 total housing units. The city is listed as having a total residency of 15,712 households. 59 percent of households are made up of married couples and 28 percent are considered non-families. Grapevine has a large young population, but it is spread out among all demographics. A full 30 percent consists of children, and 44 percent are between the ages of 18 and 44. 26 percent are ages are 45 and up. The median household income is $75,995.

The local economy of Grapevine is largely dependent on the airport and the wine making. Most residents work in either Dallas or Fort Worth. The average commute time is nearly 27 minutes. The largest employers in the city are IBM, Countrywide Financial, Harris Methodist Hospital, and Deloitte. Gamestop, the largest U.S. home video game retailer, is headquartered in Grapevine.

Grapevine is served by the Grapevine-Colleyville Independent School District. Some portions of the city are also served by other districts, including Coppell, Lewisville, and Carroll. In 2007, Grapevine High School was ranked as the 41st-best in the country.

Grapevine has a historic downtown area that is full of quaint boutique shops and restaurants. Many of those who purchase Grapevine homes for sale find themselves spending a lot of time downtown to relax and enjoy and the scenery. Those who are looking for a more modern shopping experience have the option of visiting Grapevine Mills mall, which has over 1.6 million square feet of retail stores, restaurants, and entertainment.

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