Aledo, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Aledo Neighborhoods Since 2000




Aledo, TX Real Estate Data


Aledo Housing Market Information

With 3,412 people, 856 houses or apartments, and a median cost of homes of $327,811, Aledo house prices are not only among the most expensive in Texas, Aledo real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Aledo, accounting for 85.30% of the city's housing units. Other types of housing that are prevalent in Aledo include mobile homes or trailers ( 14.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Aledo. Owner-occupied housing accounts for 78.74% of Aledo's homes, and 90.31% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Aledo 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 Aledo built between 2000 and later ( 37.42%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.47%).

Aledo Home Appreciation Rates

In the last 10 years, Aledo has experienced some of the highest home appreciation rates of any community in the nation. Aledo real estate appreciated 30.24% over the last ten years, which is an average annual home appreciation rate of 2.68%, putting Aledo in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Aledo definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Aledo that despite a nationwide downturn in the housing market, Aledo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Aledo appreciation rates continue to be some of the highest in America, at 8.35%, which is higher than appreciation rates in 93.24% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Aledo. Aledo appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

Importantly, this makes Aledo one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Aledo's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$327,811

Aledo, TX HOME PRICES

Value Range
> $1,247,000 1.2
$935,001 - $1,247,000 1.1
$624,001 - $935,000 5.1
$499,001 - $624,000 10.1
$374,001 - $499,000 20.9
$249,001 - $374,000 28.0
$125,001 - $249,000 24.1
$62,001 - $125,000 3.9
$0 - $62,000 5.7

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
14.282368097441 5.24271844660194

Number Of Homes And Apartments:
856

Rent & Ownership

 

Average Market Rent:
$1,568 / per month

Homeownership Rate

Homeownership
Owners 78.74
Renters 21.26
Vacant 4.68

Housing Market Details

 

Age of Homes

AGE OF Aledo HOMES
2000 or Newer 37.4
1970 - 1999 48.3
1940 - 1969 13.5
1939 or Older 0.8

Types of Homes

TYPE OF Aledo HOMES
Single-Family 85.3
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 14.7
Other 0.0

Home Size

SIZE OF Aledo HOMES
No Bedroom 0.22
1 Bedroom 0.00
2 Bedrooms 7.46
3 Bedrooms 61.92
4 Bedrooms 28.40
5 or more bedrooms 2.00

Aledo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
52.06% 2.50% 3 6
* 10 is highest

Popular Neighborhoods in Aledo

Zip Codes in Aledo, TX