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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bellmead, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Bellmead, TX Housing Market Trends

With 10,580 people, 3,558 houses or apartments, and a median cost of homes of $178,198, house prices in Bellmead are solidly below the national average.

Single-family detached homes are the single most common housing type in Bellmead, accounting for 63.62% of the city's housing units. Other types of housing that are prevalent in Bellmead include mobile homes or trailers ( 17.78%), large apartment complexes or high rise apartments ( 10.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.02%).

The most prevalent building size and type in Bellmead are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.29% owning and 43.71% renting.

There is a lot of housing in Bellmead 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 Bellmead built between 1940-1969 ( 34.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.01%). There's also some housing in Bellmead built before 1939 ( 2.55%).

Bellmead Home Appreciation Rates

In the last 10 years, Bellmead has experienced some of the highest home appreciation rates of any community in the nation. Bellmead real estate appreciated 124.06% over the last ten years, which is an average annual home appreciation rate of 8.40%, putting Bellmead in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bellmead definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Bellmead appreciation rates have trailed the rest of the nation. In the last twelve months, Bellmead's appreciation rate has been 1.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bellmead were at -2.31%, which equates to an annual appreciation rate of -8.91%.

Notably, Bellmead's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

Median Home Value

$178,198

Bellmead, TX Home Prices
> $1,334,000
$1,001,001 - $1,334,000
$667,001 - $1,001,000
$534,001 - $667,000
$400,001 - $534,000
$266,001 - $400,000
$134,001 - $266,000
$67,001 - $134,000
$0 - $67,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.1%
1.1%
0.5%
0.5%
14.7%
14.7%
43.3%
43.3%
25.5%
25.5%
14.8%
14.8%
0% 100.0%
% of Homes
Low

for Texas

Low

for nation

Number of Homes And Apartments:

3,558

Bellmead Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,395 / per month

Homeownership Rate

Owners
Renters
56.3%
56.3%
43.7%
43.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.2%
9.2%
90.8%
90.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.0%
18.0%
45.1%
45.1%
34.3%
34.3%
2.6%
2.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
63.6%
63.6%
0.9%
0.9%
6.0%
6.0%
10.9%
10.9%
17.8%
17.8%
0.7%
0.7%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
6.1%
6.1%
37.0%
37.0%
49.7%
49.7%
3.5%
3.5%
0.7%
0.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Bellmead

Zip Codes in Bellmead, TX