Bellville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Bellville Neighborhoods Since 2000




Bellville, 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

Bellville Housing Market Information

With 4,262 people, 1,832 houses or apartments, and a median cost of homes of $168,218, Bellville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Bellville, accounting for 71.08% of the city's housing units. Other types of housing that are prevalent in Bellville include duplexes, homes converted to apartments or other small apartment buildings ( 10.93%), large apartment complexes or high rise apartments ( 8.66%), and a few row houses and other attached homes ( 5.30%).

The most prevalent building size and type in Bellville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.86% owning and 42.14% renting.

There is a lot of housing in Bellville 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 Bellville built between 1940-1969 ( 28.44%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.80%). There's also some housing in Bellville built before 1939 ( 16.19%).

Vacant housing appears to be an issue in Bellville. Fully 13.30% of the housing stock is classified as vacant. Left unchecked, vacant Bellville homes and apartments can be a drag on the real estate market, holding Bellville 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.

Bellville Home Appreciation Rates

In the last 10 years, Bellville has experienced some of the highest home appreciation rates of any community in the nation. Bellville real estate appreciated 28.35% over the last ten years, which is an average annual home appreciation rate of 2.53%, putting Bellville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bellville 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 Bellville that despite a nationwide downturn in the housing market, Bellville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bellville appreciation rates continue to be some of the highest in America, at 6.14%, which is higher than appreciation rates in 75.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bellville. Bellville appreciation rates in the latest quarter were at -0.09%, which equates to an annual appreciation rate of -0.38%.

Relative to Texas, our data show that Bellville's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$168,218

Bellville, TX HOME PRICES

Value Range
> $1,169,000 0.9
$877,001 - $1,169,000 1.0
$585,001 - $877,000 3.7
$468,001 - $585,000 3.4
$351,001 - $468,000 8.0
$234,001 - $351,000 17.5
$117,001 - $234,000 45.3
$58,001 - $117,000 12.7
$0 - $58,000 7.3

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
42.3414977147545 25.7782101167315

Number Of Homes And Apartments:
1,832

Bellville 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
71.12% 3.16% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,023 / per month

Homeownership Rate

Homeownership
Owners 57.86
Renters 42.14
Vacant 13.30

Housing Market Details

 

Age of Homes

AGE OF Bellville HOMES
2000 or Newer 16.8
1970 - 1999 38.6
1940 - 1969 28.4
1939 or Older 16.2

Types of Homes

TYPE OF Bellville HOMES
Single-Family 71.1
Townhomes 5.3
Small Apt. Buildings 10.9
Apt. Complexes 8.7
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Bellville HOMES
No Bedroom 1.47
1 Bedroom 14.29
2 Bedrooms 31.52
3 Bedrooms 45.39
4 Bedrooms 6.06
5 or more bedrooms 1.28

Popular Neighborhoods in Bellville

Zip Codes in Bellville, TX