Bee Cave, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bee Cave Neighborhoods Since 2000




Bee Cave, TX 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

Bee Cave Housing Market Information

With a population of 6,292, 1,877 total housing units (homes and apartments), and a median house value of $620,885, Bee Cave house prices are not only among the most expensive in Texas, Bee Cave 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 Bee Cave, accounting for 65.27% of the city's housing units. Other types of housing that are prevalent in Bee Cave include large apartment complexes or high rise apartments ( 30.89%), mobile homes or trailers ( 3.84%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bee Cave. Owner-occupied housing accounts for 68.22% of Bee Cave's homes, and 52.71% have either three or four bedrooms, which is average sized relative to America.

Bee Cave homes and real estate are some of the newest in America. 80.49% of Bee Cave's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Bee Cave real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 17.75%), and before 1939 ( 1.76%).

Vacant housing appears to be an issue in Bee Cave. Fully 15.22% of the housing stock is classified as vacant. Left unchecked, vacant Bee Cave homes and apartments can be a drag on the real estate market, holding Bee Cave 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.

Bee Cave Home Appreciation Rates

In the last 10 years, Bee Cave has experienced some of the highest home appreciation rates of any community in the nation. Bee Cave real estate appreciated 38.65% over the last ten years, which is an average annual home appreciation rate of 3.32%, putting Bee Cave in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bee Cave 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 Bee Cave that despite a nationwide downturn in the housing market, Bee Cave real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bee Cave appreciation rates continue to be some of the highest in America, at 5.62%, which is higher than appreciation rates in 70.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bee Cave. Bee Cave appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.88%.

Relative to Texas, our data show that Bee Cave's latest annual appreciation rate is lower than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$620,885

Bee Cave, TX HOME PRICES

Value Range
> $1,294,000 6.9
$970,001 - $1,294,000 10.0
$647,001 - $970,000 29.4
$518,001 - $647,000 18.6
$388,001 - $518,000 19.0
$259,001 - $388,000 9.0
$129,001 - $259,000 3.4
$65,001 - $129,000 0.7
$0 - $65,000 2.9

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
3.60072659088246 1.70233463035019

Number Of Homes And Apartments:
1,877

Bee Cave Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
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
75.49% 3.31% 6 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,746 / per month

Homeownership Rate

Homeownership
Owners 68.22
Renters 31.78
Vacant 15.22

Housing Market Details

 

Age of Homes

AGE OF Bee Cave HOMES
2000 or Newer 80.5
1970 - 1999 17.8
1940 - 1969 0.0
1939 or Older 1.8

Types of Homes

TYPE OF Bee Cave HOMES
Single-Family 65.3
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 30.9
Mobile Homes 3.8
Other 0.0

Home Size

SIZE OF Bee Cave HOMES
No Bedroom 0.32
1 Bedroom 15.90
2 Bedrooms 16.71
3 Bedrooms 17.89
4 Bedrooms 34.82
5 or more bedrooms 14.36