Channelview, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Channelview Neighborhoods Since 2000




Channelview, 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

Channelview Housing Market Information

With a population of 42,893, 11,577 total housing units (homes and apartments), and a median house value of $123,599, house prices in Channelview are solidly below the national average.

Single-family detached homes are the single most common housing type in Channelview, accounting for 72.60% of the town's housing units. Other types of housing that are prevalent in Channelview include mobile homes or trailers ( 17.95%), large apartment complexes or high rise apartments ( 4.54%), and a few row houses and other attached homes ( 3.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Channelview. Owner-occupied housing accounts for 66.33% of Channelview's homes, and 73.26% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Channelview 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 Channelview built between 2000 and later ( 23.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.11%).

Channelview Home Appreciation Rates

In the last 10 years, Channelview has experienced some of the highest home appreciation rates of any community in the nation. Channelview real estate appreciated 18.65% over the last ten years, which is an average annual home appreciation rate of 1.72%, putting Channelview in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Channelview 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 Channelview that despite a nationwide downturn in the housing market, Channelview real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Channelview appreciation rates continue to be some of the highest in America, at 10.66%, which is higher than appreciation rates in 95.44% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Channelview. Channelview appreciation rates in the latest quarter were at -0.09%, which equates to an annual appreciation rate of -0.38%.

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

Average Home Values

 

Median Home Value:
$123,599

Channelview, TX HOME PRICES

Value Range
> $1,215,000 0.0
$912,001 - $1,215,000 0.0
$608,001 - $912,000 0.5
$486,001 - $608,000 0.4
$364,001 - $486,000 0.0
$243,001 - $364,000 3.5
$121,001 - $243,000 38.2
$61,001 - $121,000 45.0
$0 - $61,000 12.3

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
63.4067737020977 47.2762645914397

Number Of Homes And Apartments:
11,577

Channelview 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
62.67% 2.86% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,213 / per month

Homeownership Rate

Homeownership
Owners 66.33
Renters 33.67
Vacant 5.79

Housing Market Details

 

Age of Homes

AGE OF Channelview HOMES
2000 or Newer 23.7
1970 - 1999 55.3
1940 - 1969 20.1
1939 or Older 0.9

Types of Homes

TYPE OF Channelview HOMES
Single-Family 72.6
Townhomes 3.2
Small Apt. Buildings 1.6
Apt. Complexes 4.5
Mobile Homes 18.0
Other 0.1

Home Size

SIZE OF Channelview HOMES
No Bedroom 1.59
1 Bedroom 5.40
2 Bedrooms 16.62
3 Bedrooms 54.14
4 Bedrooms 19.12
5 or more bedrooms 3.14