Cuero appreciation rates and housing market information

Cuero housing market information

With 6,542 people, 2,812 houses or apartments, and a median cost of homes of $71,889, house prices in Cuero are some of the most affordable in Texas as well as the nation.

single-family detached homes are the single most common housing type in Cuero, accounting for 67.57% of the city's housing units. Other types of housing that are prevalent in Cuero include mobile homes or trailers (16.54%), duplexes, homes converted to apartments, or other small apartment buildings (6.65%), large apartment complexes or high rise apartments (5.05%), and a few row houses and other attached homes (2.88%).

Dwellings in Cuero tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 51.10% of the homes in Cuero have two or fewer bedrooms.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Cuero's housing was primarily built during this period, from the '40s through the '60s. A full 37.94% of the city's housing hails from this era. Other housing ages represented in Cuero include homes built between 1970-1994 (33.43%), and housing constructed from 1939 and earlier (15.93%). There's also some housing in Cuero built between 1995 and later (12.70%).

Vacant housing appears to be an issue in Cuero. Fully 12.66% of the housing stock is classified as vacant. Left unchecked, vacant Cuero homes and apartments can be a drag on the real estate market, holding Cuero real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Cuero home appreciation rates

Cuero's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Cuero during the period has been just 6.13%, which is lower than % of US communities.

Appreciation rates are so strong in Cuero that despite a nationwide downturn in the housing market, Cuero real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cuero appreciation rates continue to be some of the highest in America, at 3.60%, which is higher than appreciation rates in 80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cuero. Cuero appreciation rates in the latest quarter were at 0.07%, which equates to an annual appreciation rate of 0.28%.

Relative to Texas, our data show that Cuero's latest annual appreciation rate is higher than 51% of the other cities and towns in Texas.