Moody appreciation rates and housing market information

Moody housing market information

With 3,380 people, 5,678 houses or apartments, and a median cost of homes of $128,063, house prices in Moody are solidly below the national average.

single-family detached homes are the single most common housing type in Moody, accounting for 73.64% of the town's housing units. Other types of housing that are prevalent in Moody include mobile homes or trailers (22.90%), duplexes, homes converted to apartments, or other small apartment buildings (1.16%), large apartment complexes or high rise apartments (0.93%), and a few row houses and other attached homes (0.90%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Moody. Owner-occupied housing accounts for 78.27% of Moody's homes, and 71.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Moody 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 Moody built from 1995 and later (19.90%). A lesser amount of the housing stock also hails from 1940-1969 (16.11%), and some were built from 1939 and earlier (16.11%).

Moody home appreciation rates

Real estate appreciation rates in Moody have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 7.33% during the period.

Appreciation rates are so strong in Moody that despite a nationwide downturn in the housing market, Moody real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Moody appreciation rates continue to be some of the highest in America, at 4.44%, which is higher than appreciation rates in 87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Moody. Moody appreciation rates in the latest quarter were at 0.29%, which equates to an annual appreciation rate of 1.16%.

Relative to Texas, our data show that Moody's latest annual appreciation rate is higher than 66% of the other cities and towns in Texas.