menu





Beaumont, TX Real Estate Market

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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Beaumont, TX Housing Market Trends

With 115,282 people, 46,935 houses or apartments, and a median cost of homes of $143,133, house prices in Beaumont are solidly below the national average.

Single-family detached homes are the single most common housing type in Beaumont, accounting for 65.81% of the city's housing units. Other types of housing that are prevalent in Beaumont include large apartment complexes or high rise apartments ( 21.91%), duplexes, homes converted to apartments or other small apartment buildings ( 7.22%), and a few row houses and other attached homes ( 2.82%).

The most prevalent building size and type in Beaumont are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.96% owning and 47.04% renting.

There is a lot of housing in Beaumont 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 Beaumont built between 1940-1969 ( 34.61%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.65%). There's also some housing in Beaumont built before 1939 ( 4.98%).

Vacant housing appears to be an issue in Beaumont. Fully 12.59% of the housing stock is classified as vacant. Left unchecked, vacant Beaumont homes and apartments can be a drag on the real estate market, holding Beaumont real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Beaumont Home Appreciation Rates

Beaumont's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Beaumont during the period has been just 4.22%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Beaumont's appreciation rate, at 14.12%, has been at or slightly above the national average. In the latest quarter, Beaumont's appreciation rate has been 2.69%, which annualizes to a rate of 11.19%.

Relative to Texas, our data show that Beaumont's latest annual appreciation rate is lower than 90% 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 Beaumont differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Beaumont - 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 2000, to assist you in making the best Beaumont real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$143,133

Beaumont, TX HOME PRICES

> $1,275,000
$957,001 - $1,275,000
$638,001 - $957,000
$511,001 - $638,000
$382,001 - $511,000
$255,001 - $382,000
$127,001 - $255,000
$64,001 - $127,000
$0 - $64,000
0.5%
0.5%
0.4%
0.4%
0.9%
0.9%
2.1%
2.1%
4.1%
4.1%
10.9%
10.9%
35.4%
35.4%
29.4%
29.4%
16.3%
16.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for TX

Value Relative To Nation

Number Of Homes And Apartments:
46,935

Beaumont Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
103.59% 3.21%
1
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,365 / per month

Homeownership Rate

Owners
Renters
Vacant
53.0%
53.0%
47.0%
47.0%
12.6%
12.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.7%
20.7%
39.8%
39.8%
34.6%
34.6%
5.0%
5.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.8%
65.8%
2.8%
2.8%
7.2%
7.2%
21.9%
21.9%
2.2%
2.2%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.4%
1.4%
15.4%
15.4%
27.0%
27.0%
41.2%
41.2%
13.4%
13.4%
1.6%
1.6%
0.0% 100.0%
% OF HOMES