Lewisville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lewisville Neighborhoods Since 2000




Lewisville, NC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lewisville Housing Market Information

With a population of 13,567, 5,112 total housing units (homes and apartments), and a median house value of $209,753, Lewisville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lewisville, accounting for 89.19% of the town's housing units. Other types of housing that are prevalent in Lewisville include large apartment complexes or high rise apartments ( 4.84%), mobile homes or trailers ( 3.34%), and a few row houses and other attached homes ( 1.73%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lewisville. Owner-occupied housing accounts for 87.70% of Lewisville's homes, and 78.64% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lewisville built from 1970 to 1999 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 Lewisville built between 1940-1969 ( 17.36%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.49%). There's also some housing in Lewisville built before 1939 ( 1.13%).

Lewisville Home Appreciation Rates

Real estate appreciation rates in Lewisville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.22% during the period.

Over the last year, Lewisville appreciation rates have trailed the rest of the nation. In the last twelve months, Lewisville's appreciation rate has been 0.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lewisville were at -1.84%, which equates to an annual appreciation rate of -7.17%.

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

Relative to North Carolina, our data show that Lewisville's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$209,753

Lewisville, NC HOME PRICES

Value Range
> $1,035,000 1.3
$776,001 - $1,035,000 1.2
$517,001 - $776,000 5.3
$414,001 - $517,000 3.6
$310,001 - $414,000 12.8
$207,001 - $310,000 23.2
$104,001 - $207,000 43.8
$52,001 - $104,000 4.4
$0 - $52,000 4.5

High for NC
High for Nation

Value Relative to Nation Value Relative to State
29.9484354857612 21.4156079854809

Number Of Homes And Apartments:
5,112

Lewisville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
15.85% 0.86% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$999 / per month

Homeownership Rate

Homeownership
Owners 87.70
Renters 12.30
Vacant 8.68

Housing Market Details

 

Age of Homes

AGE OF Lewisville HOMES
2000 or Newer 12.5
1970 - 1999 69.0
1940 - 1969 17.4
1939 or Older 1.1

Types of Homes

TYPE OF Lewisville HOMES
Single-Family 89.2
Townhomes 1.7
Small Apt. Buildings 0.9
Apt. Complexes 4.8
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Lewisville HOMES
No Bedroom 1.32
1 Bedroom 0.89
2 Bedrooms 13.54
3 Bedrooms 60.09
4 Bedrooms 18.54
5 or more bedrooms 5.61