Cedar Hill appreciation rates and housing market information

Cedar Hill housing market information

With a population of 32,113, 10,219 total housing units (homes and apartments), and a median house value of $153,791, Cedar Hill real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Cedar Hill, accounting for 83.78% of the town's housing units. Other types of housing that are prevalent in Cedar Hill include large apartment complexes or high rise apartments (8.90%), row houses and other attached homes (4.45%), and a few duplexes, homes converted to apartments, or other small apartment buildings (2.51%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Cedar Hill. Owner-occupied housing accounts for 77.38% of Cedar Hill's homes, and 77.14% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cedar Hill built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Cedar Hill built from 1995 and later (24.41%). A lesser amount of the housing stock also hails from 1940-1969 (7.00%), and some were built from 1939 and earlier (7.00%).

Cedar Hill home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Cedar Hill, where house values have increased just 28.42%, which is an average annual increase of 2.84%. NeighborhoodScout's data show that in the latest quarter, Cedar Hill house values appreciated 0.21%, which is an annualized rate of 0.84%. This rate is lower than the appreciation rate found in 60% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Cedar Hill home appreciation rates, at 0.42%, have been at or slightly above the national average. In the latest quarter, Cedar Hill's appreciation rate has been 0.21%, which annualizes to a rate of 0.84%.

Relative to Texas, our data show that Cedar Hill's latest annual appreciation rate is higher than 7% of the other cities and towns in Texas.