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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 13,277 people, 4,651 houses or apartments, and a median cost of homes of $86,542, house prices in Beeville are solidly below the national average.
Single-family detached homes are the single most common housing type in Beeville, accounting for 74.41% of the city's housing units. Other types of housing that are prevalent in Beeville include duplexes, homes converted to apartments or other small apartment buildings ( 15.38%), large apartment complexes or high rise apartments ( 6.58%), and a few mobile homes or trailers ( 2.24%).
The most prevalent building size and type in Beeville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.66% owning and 47.34% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Beeville's housing was primarily built during this period, from the '40s through the '60s. A full 46.08% of the city's housing hails from this era. Other housing ages represented in Beeville include homes built between 1970-1999 ( 44.21%) and housing constructed before 1939 ( 5.17%). There's also some housing in Beeville built between 2000 and later ( 4.55%).
Vacant housing appears to be an issue in Beeville. Fully 14.75% of the housing stock is classified as vacant. Left unchecked, vacant Beeville homes and apartments can be a drag on the real estate market, holding Beeville 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.
In the last 10 years, Beeville has experienced some of the highest home appreciation rates of any community in the nation. Beeville real estate appreciated 28.10% over the last ten years, which is an average annual home appreciation rate of 2.51%, putting Beeville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Beeville 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 Beeville that despite a nationwide downturn in the housing market, Beeville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Beeville appreciation rates continue to be some of the highest in America, at 8.21%, which is higher than appreciation rates in 87.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Beeville. Beeville appreciation rates in the latest quarter were at 0.45%, which equates to an annual appreciation rate of 1.82%.
Relative to Texas, our data show that Beeville's latest annual appreciation rate is higher than 80% 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 Beeville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Beeville - 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 Beeville real estate investment or home purchase decisions.
|$870,001 - $1,160,000||0.0|
|$580,001 - $870,000||0.7|
|$464,001 - $580,000||0.2|
|$348,001 - $464,000||0.7|
|$232,001 - $348,000||1.7|
|$116,001 - $232,000||18.9|
|$58,001 - $116,000||37.3|
|$0 - $58,000||40.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Beeville HOMES|
|2000 or Newer||4.5|
|1970 - 1999||44.2|
|1940 - 1969||46.1|
|1939 or Older||5.2|
|TYPE OF Beeville HOMES|
|Small Apt. Buildings||15.4|
|SIZE OF Beeville HOMES|
|5 or more bedrooms||2.25|