Bullard, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Bullard, 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

Bullard Housing Market Information

With a population of 2,832, 934 total housing units (homes and apartments), and a median house value of $166,825, Bullard 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 Bullard, accounting for 86.49% of the town's housing units. Other types of housing that are prevalent in Bullard include mobile homes or trailers ( 6.24%), duplexes, homes converted to apartments or other small apartment buildings ( 4.20%), and a few large apartment complexes or high rise apartments ( 3.07%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bullard. Owner-occupied housing accounts for 72.59% of Bullard's homes, and 67.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bullard 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 Bullard built between 2000 and later ( 37.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.12%). There's also some housing in Bullard built before 1939 ( 8.90%).

Bullard Home Appreciation Rates

In the last 10 years, Bullard has experienced some of the highest home appreciation rates of any community in the nation. Bullard real estate appreciated 15.25% over the last ten years, which is an average annual home appreciation rate of 1.43%, putting Bullard in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bullard 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, Bullard appreciation rates have trailed the rest of the nation. In the last twelve months, Bullard's appreciation rate has been 1.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bullard were at 1.32%, which equates to an annual appreciation rate of 5.37%.

Relative to Texas, our data show that Bullard's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$166,825

Bullard, TX HOME PRICES

Value Range
> $1,098,000 0.5
$824,001 - $1,098,000 0.0
$549,001 - $824,000 1.1
$439,001 - $549,000 5.4
$329,001 - $439,000 5.1
$220,001 - $329,000 12.6
$110,001 - $220,000 56.5
$55,001 - $110,000 11.0
$0 - $55,000 7.8

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
42.8630024610336 26.4591439688716

Number Of Homes And Apartments:
934

Bullard 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
44.28% 2.15% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,276 / per month

Homeownership Rate

Homeownership
Owners 72.59
Renters 27.41
Vacant 4.40

Housing Market Details

 

Age of Homes

AGE OF Bullard HOMES
2000 or Newer 37.7
1970 - 1999 39.3
1940 - 1969 14.1
1939 or Older 8.9

Types of Homes

TYPE OF Bullard HOMES
Single-Family 86.5
Townhomes 0.0
Small Apt. Buildings 4.2
Apt. Complexes 3.1
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Bullard HOMES
No Bedroom 0.00
1 Bedroom 7.16
2 Bedrooms 20.88
3 Bedrooms 42.99
4 Bedrooms 24.97
5 or more bedrooms 3.99

Popular Neighborhoods in Bullard

Zip Codes in Bullard, TX