Channelview, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Channelview, TX Real Estate Data


Channelview Housing Market Information

With a population of 42,893, 11,392 total housing units (homes and apartments), and a median house value of $108,851, 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 73.31% of the town's housing units. Other types of housing that are prevalent in Channelview include mobile homes or trailers ( 18.75%), large apartment complexes or high rise apartments ( 3.97%), and a few row houses and other attached homes ( 2.14%).

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 68.20% of Channelview's homes, and 74.84% 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 ( 23.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.00%).

Channelview Home Appreciation Rates

Appreciation rates for homes in Channelview have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.00%, which ranks in the top 40% nationwide. This equates to an annual average Channelview house appreciation rate of 1.14%.

Over the last year, Channelview appreciation rates have trailed the rest of the nation. In the last twelve months, Channelview's appreciation rate has been 2.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Channelview were at 1.83%, which equates to an annual appreciation rate of 7.53%.

Relative to Texas, our data show that Channelview's latest annual appreciation rate is lower 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:
$108,851

Channelview, TX HOME PRICES

Value Range
> $1,174,000 0.2
$880,001 - $1,174,000 0.0
$587,001 - $880,000 0.5
$469,001 - $587,000 0.2
$352,001 - $469,000 0.0
$235,001 - $352,000 3.4
$118,001 - $235,000 35.4
$58,001 - $118,000 47.5
$0 - $58,000 12.8

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
73.1685893306787 57.6699029126214

Number Of Homes And Apartments:
11,392

Rent & Ownership

 

Average Market Rent:
$949 / per month

Homeownership Rate

Homeownership
Owners 68.20
Renters 31.80
Vacant 6.13

Housing Market Details

 

Age of Homes

AGE OF Channelview HOMES
2000 or Newer 24.0
1970 - 1999 54.2
1940 - 1969 21.0
1939 or Older 0.8

Types of Homes

TYPE OF Channelview HOMES
Single-Family 73.3
Townhomes 2.1
Small Apt. Buildings 1.7
Apt. Complexes 4.0
Mobile Homes 18.7
Other 0.1

Home Size

SIZE OF Channelview HOMES
No Bedroom 1.73
1 Bedroom 5.01
2 Bedrooms 15.75
3 Bedrooms 56.72
4 Bedrooms 18.11
5 or more bedrooms 2.67

Channelview Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
51.16% 2.46% 2 6
* 10 is highest