Leander appreciation rates and housing market information

Leander housing market information

With 7,352 people, 2,597 houses or apartments, and a median cost of homes of $179,756, Leander real estate is some of the most expensive in Texas, although Leander home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Leander, accounting for 88.79% of the city's housing units. Other types of housing that are prevalent in Leander include mobile homes or trailers (8.66%), and a few duplexes, homes converted to apartments, or other small apartment buildings (2.27%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Leander. Owner-occupied housing accounts for 84.71% of Leander's homes, and 85.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Leander 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 Leander built from 1995 and later (45.40%). A lesser amount of the housing stock also hails from 1940-1969 (3.62%), and some were built from 1939 and earlier (3.62%).

Leander home appreciation rates

Leander's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Leander during the period has been just 5.89%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Leander home appreciation rates, at -0.15%, have been at or slightly above the national average. In the latest quarter, Leander's appreciation rate has been -1.25%, which annualizes to a rate of -5.00%.

Notably, Leander's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Leander's latest annual appreciation rate is higher than 5% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Leander differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Leander - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Leander real estate investment or home purchase decisions.