Boerne, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Boerne Neighborhoods Since 2000




Boerne, 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

Boerne Housing Market Information

With 13,674 people, 4,539 houses or apartments, and a median cost of homes of $248,487, Boerne real estate is some of the most expensive in Texas, although Boerne home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Boerne, accounting for 58.59% of the city's housing units. Other types of housing that are prevalent in Boerne include large apartment complexes or high rise apartments ( 23.35%), duplexes, homes converted to apartments or other small apartment buildings ( 12.23%), and a few row houses and other attached homes ( 4.56%).

The most prevalent building size and type in Boerne are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.30% owning and 51.70% renting.

Boerne homes and real estate are some of the newest in America. 56.84% of Boerne's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Boerne real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 29.25%), and between 1940-1969 ( 10.37%). There's also some housing in Boerne built before 1939 ( 3.53%).

Boerne Home Appreciation Rates

In the last 10 years, Boerne has experienced some of the highest home appreciation rates of any community in the nation. Boerne real estate appreciated 22.73% over the last ten years, which is an average annual home appreciation rate of 2.07%, putting Boerne in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Boerne 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, Boerne's appreciation rate, at 3.24%, has been at or slightly above the national average. In the latest quarter, Boerne's appreciation rate has been 0.94%, which annualizes to a rate of 3.83%.

Relative to Texas, our data show that Boerne's latest annual appreciation rate is lower 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 Boerne differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Boerne - 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 Boerne real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$248,487

Boerne, TX HOME PRICES

Value Range
> $1,162,000 2.6
$871,001 - $1,162,000 2.7
$581,001 - $871,000 5.9
$465,001 - $581,000 10.1
$349,001 - $465,000 15.4
$232,001 - $349,000 25.7
$116,001 - $232,000 28.3
$58,001 - $116,000 6.5
$0 - $58,000 2.8

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
22.7645611156686 9.92217898832685

Number Of Homes And Apartments:
4,539

Boerne 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
78.84% 3.43% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,250 / per month

Homeownership Rate

Homeownership
Owners 48.30
Renters 51.70
Vacant 2.30

Housing Market Details

 

Age of Homes

AGE OF Boerne HOMES
2000 or Newer 56.8
1970 - 1999 29.3
1940 - 1969 10.4
1939 or Older 3.5

Types of Homes

TYPE OF Boerne HOMES
Single-Family 58.6
Townhomes 4.6
Small Apt. Buildings 12.2
Apt. Complexes 23.4
Mobile Homes 0.8
Other 0.5

Home Size

SIZE OF Boerne HOMES
No Bedroom 3.21
1 Bedroom 15.33
2 Bedrooms 21.16
3 Bedrooms 43.78
4 Bedrooms 14.38
5 or more bedrooms 2.15