Cedar Hill, TX Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Cedar Hill, TX Housing Market Trends

With a population of 47,930, 15,388 total housing units (homes and apartments), and a median house value of $204,174, 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 83.24% of the city's housing units. Other types of housing that are prevalent in Cedar Hill include large apartment complexes or high rise apartments ( 10.21%), duplexes, homes converted to apartments or other small apartment buildings ( 3.94%), and a few row houses and other attached homes ( 2.43%).

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 69.09% of Cedar Hill's homes, and 75.13% 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 ( 36.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.90%).

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 88.26% over the last ten years, which is an average annual home appreciation rate of 6.53%, putting Cedar Hill in the top 10% 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.

Over the last year, Cedar Hill appreciation rates have trailed the rest of the nation. In the last twelve months, Cedar Hill's appreciation rate has been 3.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cedar Hill were at 1.69%, which equates to an annual appreciation rate of 6.95%.

Relative to Texas, our data show that Cedar Hill's latest annual appreciation rate is lower than 70% 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

 
info

Median Home Value:
$204,174

Cedar Hill, TX HOME PRICES

> $1,254,000
0.4%
0.4%
$941,001 - $1,254,000
0.1%
0.1%
$627,001 - $941,000
2.6%
2.6%
$502,001 - $627,000
1.7%
1.7%
$376,001 - $502,000
7.1%
7.1%
$251,001 - $376,000
21.3%
21.3%
$125,001 - $251,000
55.6%
55.6%
$63,001 - $125,000
9.1%
9.1%
$0 - $63,000
2.1%
2.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for TX

Value Relative To Nation

Number Of Homes And Apartments:
15,388

Cedar Hill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
87.19% 3.03%
2
7
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,873 / per month

Homeownership Rate

Owners
69.1%
69.1%
Renters
30.9%
30.9%
Vacant
5.0%
5.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
36.1%
36.1%
1970 - 1999
59.2%
59.2%
1940 - 1969
3.9%
3.9%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
83.2%
83.2%
Townhomes
2.4%
2.4%
Small Apt. Buildings
3.9%
3.9%
Apt. Complexes
10.2%
10.2%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
4.5%
4.5%
2 Bedrooms
11.4%
11.4%
3 Bedrooms
48.1%
48.1%
4 Bedrooms
27.0%
27.0%
5 or more bedrooms
7.7%
7.7%
0.0% 100.0%
% OF HOMES