Bellaire, TX


Highest Appreciating Bellaire Neighborhoods Since 2000

Bellaire, 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

Bellaire Housing Market Information

With 18,518 people, 6,222 houses or apartments, and a median cost of homes of $864,734, Bellaire house prices are not only among the most expensive in Texas, Bellaire real estate also is some of the most expensive in all of America.

Bellaire is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Bellaire 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 Bellaire. Owner-occupied housing accounts for 88.17% of Bellaire's homes, and 70.30% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bellaire 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 Bellaire built between 1940-1969 ( 28.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 28.43%). There's also some housing in Bellaire built before 1939 ( 2.61%).

Bellaire Home Appreciation Rates

In the last 10 years, Bellaire has experienced some of the highest home appreciation rates of any community in the nation. Bellaire real estate appreciated 51.40% over the last ten years, which is an average annual home appreciation rate of 4.23%, putting Bellaire in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bellaire definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Bellaire's appreciation rate, at 4.44%, has been at or slightly above the national average. In the latest quarter, Bellaire's appreciation rate has been -0.09%, which annualizes to a rate of -0.38%.

Relative to Texas, our data show that Bellaire's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values


Median Home Value:


Value Range
> $1,258,000 18.5
$943,001 - $1,258,000 27.0
$629,001 - $943,000 23.9
$503,001 - $629,000 6.2
$377,001 - $503,000 8.7
$252,001 - $377,000 11.7
$126,001 - $252,000 2.3
$63,001 - $126,000 0.7
$0 - $63,000 1.0

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
1.57623344661901 1.07003891050584

Number Of Homes And Apartments:

Bellaire Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
112.70% 4.47% 10 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,203 / per month

Homeownership Rate

Owners 88.17
Renters 11.83
Vacant 7.25

Housing Market Details


Age of Homes

2000 or Newer 28.4
1970 - 1999 40.2
1940 - 1969 28.8
1939 or Older 2.6

Types of Homes

Single-Family 86.8
Townhomes 7.2
Small Apt. Buildings 0.4
Apt. Complexes 5.4
Mobile Homes 0.1
Other 0.0

Home Size

No Bedroom 2.42
1 Bedroom 2.04
2 Bedrooms 11.70
3 Bedrooms 29.79
4 Bedrooms 40.52
5 or more bedrooms 13.54