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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.



Blanco, 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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Blanco, TX Housing Market Trends

With 1,883 people, 861 houses or apartments, and a median cost of homes of $445,921, Blanco real estate is some of the most expensive in Texas, although Blanco home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Blanco, accounting for 70.47% of the city's housing units. Other types of housing that are prevalent in Blanco include large apartment complexes or high rise apartments ( 12.29%), mobile homes or trailers ( 10.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.14%).

People in Blanco primarily live in small (one, two or no bedroom) single-family detached homes. Blanco has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Blanco 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 Blanco built between 1940-1969 ( 26.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.60%). There's also some housing in Blanco built before 1939 ( 13.58%).

Vacant housing appears to be an issue in Blanco. Fully 14.67% of the housing stock is classified as vacant. Left unchecked, vacant Blanco homes and apartments can be a drag on the real estate market, holding Blanco 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.

Blanco Home Appreciation Rates

In the last 10 years, Blanco has experienced some of the highest home appreciation rates of any community in the nation. Blanco real estate appreciated 122.02% over the last ten years, which is an average annual home appreciation rate of 8.30%, putting Blanco in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Blanco 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, Blanco's appreciation rate, at 5.11%, has been at or slightly above the national average. In the latest quarter, Blanco's appreciation rate has been 0.59%, which annualizes to a rate of 2.37%.

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

Relative to Texas, our data show that Blanco's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values

Median Home Value

$445,921

Blanco, TX Home Prices
> $1,567,000
$1,176,001 - $1,567,000
$784,001 - $1,176,000
$627,001 - $784,000
$470,001 - $627,000
$314,001 - $470,000
$157,001 - $314,000
$78,001 - $157,000
$0 - $78,000
4.2%
4.2%
3.4%
3.4%
6.7%
6.7%
14.3%
14.3%
9.7%
9.7%
29.2%
29.2%
17.7%
17.7%
8.9%
8.9%
5.9%
5.9%
0% 100.0%
% of Homes
Very High

for Texas

Very High

for nation

Number of Homes And Apartments:

861

Blanco Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,364 / per month

Homeownership Rate

Owners
Renters
Vacant
50.7%
50.7%
49.3%
49.3%
14.7%
14.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
22.6%
22.6%
37.6%
37.6%
26.3%
26.3%
13.6%
13.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.5%
70.5%
0.2%
0.2%
6.1%
6.1%
12.3%
12.3%
10.1%
10.1%
0.8%
0.8%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.4%
1.4%
23.1%
23.1%
27.5%
27.5%
37.6%
37.6%
9.3%
9.3%
1.2%
1.2%
0% 100.0%
% of Homes

Popular Neighborhoods in Blanco

Zip Codes in Blanco, TX