City:

Orchard, TX

Orchard is a city in the state of texas with a population of roughly 99. It is in Fort Bend County, Texas the Houston-The Woodlands-Sugar Land, TX core-based statistical areas (CBSA), and the Houston-The Woodlands, TX combined statistical area (CSA).Its Zip codes include 77464 .

The Rise and Fall of Orchard, TX's Home Prices

Orchard is a small town located in the Dallas- Fort Worth metroplex. The population of Orchard was just over 10,000 as of the 2010 census. The median household income in Orchard was just over $100,000 as of 2010.

Real estate in Orchard is very expensive compared to other areas of the Dallas- Fort Worth metroplex. The average home price in Orchard was just over $600,000 as of September 2015. This is much higher than the average home price in other parts of the metroplex, such as Garland or Rowlett, which were around $350,000 and $400,000 respectively.

One reason for the high prices in Orchard is that there are a limited number of homes available for sale. As of September 2015, there were only 97 homes available for sale in Orchard compared to 1,827 homes available for sale in Dallas proper and 2,564 homes available for sale in Fort Worth. This limited availability has led to a bidding war between buyers and has driven up prices significantly.

Price Index: Houston-The Woodlands-Sugar Land, TX

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