Cedar Hill, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Cedar Hill Neighborhoods Since 2000




Cedar Hill, 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

Cedar Hill Housing Market Information

With 48,507 people, 15,905 houses or apartments, and a median cost of homes of $169,069, Cedar Hill 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 Cedar Hill, accounting for 82.37% of the city's housing units. Other types of housing that are prevalent in Cedar Hill include large apartment complexes or high rise apartments ( 10.08%), row houses and other attached homes ( 3.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cedar Hill. Owner-occupied housing accounts for 70.05% of Cedar Hill's homes, and 74.57% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cedar Hill 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 Cedar Hill built between 2000 and later ( 32.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.37%).

Cedar Hill Home Appreciation Rates

In the last 10 years, Cedar Hill has experienced some of the highest home appreciation rates of any community in the nation. Cedar Hill real estate appreciated 23.49% over the last ten years, which is an average annual home appreciation rate of 2.13%, putting Cedar Hill in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cedar Hill definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Cedar Hill that despite a nationwide downturn in the housing market, Cedar Hill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cedar Hill appreciation rates continue to be some of the highest in America, at 12.28%, which is higher than appreciation rates in 97.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cedar Hill. Cedar Hill appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Cedar Hill one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Cedar Hill's latest annual appreciation rate is higher than 90% 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 Cedar Hill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cedar Hill - 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 Cedar Hill real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$169,069

Cedar Hill, TX HOME PRICES

Value Range
> $1,346,000 0.6
$1,009,001 - $1,346,000 0.2
$673,001 - $1,009,000 1.1
$538,001 - $673,000 1.8
$403,001 - $538,000 3.5
$269,001 - $403,000 10.8
$134,001 - $269,000 59.0
$67,001 - $134,000 21.1
$0 - $67,000 2.0

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
41.9664830657448 25.4863813229572

Number Of Homes And Apartments:
15,905

Cedar Hill 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
39.52% 1.95% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,569 / per month

Homeownership Rate

Homeownership
Owners 70.05
Renters 29.95
Vacant 5.63

Housing Market Details

 

Age of Homes

AGE OF Cedar Hill HOMES
2000 or Newer 33.0
1970 - 1999 58.9
1940 - 1969 7.4
1939 or Older 0.8

Types of Homes

TYPE OF Cedar Hill HOMES
Single-Family 82.4
Townhomes 3.7
Small Apt. Buildings 3.7
Apt. Complexes 10.1
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Cedar Hill HOMES
No Bedroom 0.72
1 Bedroom 4.25
2 Bedrooms 13.23
3 Bedrooms 47.82
4 Bedrooms 26.75
5 or more bedrooms 7.24