Brenham, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Brenham Neighborhoods Since 2000




Brenham, 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

Brenham Housing Market Information

With 16,579 people, 5,272 houses or apartments, and a median cost of homes of $193,120, Brenham real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Brenham, accounting for 67.66% of the city's housing units. Other types of housing that are prevalent in Brenham include large apartment complexes or high rise apartments ( 15.41%), duplexes, homes converted to apartments or other small apartment buildings ( 10.58%), and a few row houses and other attached homes ( 3.30%).

The most prevalent building size and type in Brenham are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.95% owning and 46.05% renting.

There is a lot of housing in Brenham 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 Brenham built between 1940-1969 ( 21.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.65%). There's also some housing in Brenham built before 1939 ( 10.91%).

Vacant housing appears to be an issue in Brenham. Fully 17.83% of the housing stock is classified as vacant. Left unchecked, vacant Brenham homes and apartments can be a drag on the real estate market, holding Brenham 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.

Brenham Home Appreciation Rates

In the last 10 years, Brenham has experienced some of the highest home appreciation rates of any community in the nation. Brenham real estate appreciated 29.15% over the last ten years, which is an average annual home appreciation rate of 2.59%, putting Brenham in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brenham 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, Brenham appreciation rates have trailed the rest of the nation. In the last twelve months, Brenham's appreciation rate has been 3.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brenham were at 0.45%, which equates to an annual appreciation rate of 1.82%.

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

Average Home Values

 

Median Home Value:
$193,120

Brenham, TX HOME PRICES

Value Range
> $1,151,000 0.6
$863,001 - $1,151,000 0.9
$575,001 - $863,000 0.9
$460,001 - $575,000 2.2
$345,001 - $460,000 8.5
$230,001 - $345,000 20.1
$115,001 - $230,000 41.5
$58,001 - $115,000 18.0
$0 - $58,000 7.2

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
33.9827727645611 18.8715953307393

Number Of Homes And Apartments:
5,272

Brenham 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
70.74% 3.15% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,046 / per month

Homeownership Rate

Homeownership
Owners 53.95
Renters 46.05
Vacant 17.83

Housing Market Details

 

Age of Homes

AGE OF Brenham HOMES
2000 or Newer 14.7
1970 - 1999 52.5
1940 - 1969 21.9
1939 or Older 10.9

Types of Homes

TYPE OF Brenham HOMES
Single-Family 67.7
Townhomes 3.3
Small Apt. Buildings 10.6
Apt. Complexes 15.4
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Brenham HOMES
No Bedroom 8.71
1 Bedroom 7.67
2 Bedrooms 28.79
3 Bedrooms 45.23
4 Bedrooms 9.40
5 or more bedrooms 0.20

Zip Codes in Brenham, TX