Cameron, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Cameron Neighborhoods Since 2000




Cameron, 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

Cameron Housing Market Information

With a population of 5,460, 2,089 total housing units (homes and apartments), and a median house value of $69,849, house prices in Cameron are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Cameron, accounting for 67.38% of the city's housing units. Other types of housing that are prevalent in Cameron include large apartment complexes or high rise apartments ( 12.17%), duplexes, homes converted to apartments or other small apartment buildings ( 7.74%), and a few mobile homes or trailers ( 6.88%).

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

There is a lot of housing in Cameron 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 Cameron built between 1940-1969 ( 39.81%). A lesser amount of the housing stock also hails from before 1939 ( 9.06%). There's also some housing in Cameron built between 2000 and later ( 7.97%).

Vacant housing appears to be an issue in Cameron. Fully 18.78% of the housing stock is classified as vacant. Left unchecked, vacant Cameron homes and apartments can be a drag on the real estate market, holding Cameron 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.

Cameron Home Appreciation Rates

In the last 10 years, Cameron has experienced some of the highest home appreciation rates of any community in the nation. Cameron real estate appreciated 31.25% over the last ten years, which is an average annual home appreciation rate of 2.76%, putting Cameron in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cameron 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, Cameron's appreciation rate, at 4.37%, has been at or slightly above the national average. In the latest quarter, Cameron's appreciation rate has been 0.76%, which annualizes to a rate of 3.07%.

Relative to Texas, our data show that Cameron's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$69,849

Cameron, TX HOME PRICES

Value Range
> $1,166,000 0.4
$875,001 - $1,166,000 0.8
$583,001 - $875,000 0.0
$467,001 - $583,000 0.0
$350,001 - $467,000 3.8
$233,001 - $350,000 3.9
$116,001 - $233,000 21.8
$58,001 - $116,000 38.7
$0 - $58,000 30.5

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
95.3298956990508 90.4669260700389

Number Of Homes And Apartments:
2,089

Cameron 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
83.89% 3.59% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$609 / per month

Homeownership Rate

Homeownership
Owners 56.22
Renters 43.78
Vacant 18.78

Housing Market Details

 

Age of Homes

AGE OF Cameron HOMES
2000 or Newer 8.0
1970 - 1999 43.2
1940 - 1969 39.8
1939 or Older 9.1

Types of Homes

TYPE OF Cameron HOMES
Single-Family 67.4
Townhomes 3.8
Small Apt. Buildings 7.7
Apt. Complexes 12.2
Mobile Homes 6.9
Other 2.0

Home Size

SIZE OF Cameron HOMES
No Bedroom 4.55
1 Bedroom 7.58
2 Bedrooms 38.57
3 Bedrooms 34.64
4 Bedrooms 12.29
5 or more bedrooms 2.37

Popular Neighborhoods in Cameron

Popular Communities Near Cameron, TX

Zip Codes in Cameron, TX