Argyle, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Argyle Neighborhoods Since 2000




Argyle, TX Real Estate Data


Argyle Housing Market Information

With a population of 3,905, 1,185 total housing units (homes and apartments), and a median house value of $418,208, Argyle house prices are not only among the most expensive in Texas, Argyle real estate also is some of the most expensive in all of America.

Argyle is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Argyle than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Argyle. Owner-occupied housing accounts for 88.86% of Argyle's homes, and 78.69% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Argyle 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 Argyle built between 2000 and later ( 38.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.27%). There's also some housing in Argyle built before 1939 ( 2.82%).

Argyle Home Appreciation Rates

In the last 10 years, Argyle has experienced some of the highest home appreciation rates of any community in the nation. Argyle real estate appreciated 31.51% over the last ten years, which is an average annual home appreciation rate of 2.78%, putting Argyle in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Argyle 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 Argyle that despite a nationwide downturn in the housing market, Argyle real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Argyle appreciation rates continue to be some of the highest in America, at 9.12%, which is higher than appreciation rates in 95.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Argyle. Argyle appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

Importantly, this makes Argyle 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 Argyle's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$418,208

Argyle, TX HOME PRICES

Value Range
> $1,277,000 5.4
$957,001 - $1,277,000 5.5
$639,001 - $957,000 18.7
$511,001 - $639,000 9.1
$383,001 - $511,000 12.3
$255,001 - $383,000 17.1
$128,001 - $255,000 25.3
$64,001 - $128,000 2.5
$0 - $64,000 4.0

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
8.86572583006383 3.10679611650485

Number Of Homes And Apartments:
1,185

Rent & Ownership

 

Average Market Rent:
$1,704 / per month

Homeownership Rate

Homeownership
Owners 88.86
Renters 11.14
Vacant 4.36

Housing Market Details

 

Age of Homes

AGE OF Argyle HOMES
2000 or Newer 38.7
1970 - 1999 46.2
1940 - 1969 12.3
1939 or Older 2.8

Types of Homes

TYPE OF Argyle HOMES
Single-Family 97.1
Townhomes 0.6
Small Apt. Buildings 1.1
Apt. Complexes 0.0
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Argyle HOMES
No Bedroom 0.56
1 Bedroom 1.78
2 Bedrooms 5.97
3 Bedrooms 39.63
4 Bedrooms 39.06
5 or more bedrooms 12.99

Argyle 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
57.75% 2.72% 3 7
* 10 is highest