With 107,889 people, 35,032 houses or apartments, and a median cost of homes of $217,684, College Station real estate is some of the most expensive in Texas, although College Station home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in College Station, accounting for 42.45% of the city's housing units. Other types of housing that are prevalent in College Station include large apartment complexes or high rise apartments ( 33.99%), duplexes, homes converted to apartments or other small apartment buildings ( 17.07%), and a few row houses and other attached homes ( 5.22%).
Renters dominate College Station's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in College Station 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 College Station built between 2000 and later ( 31.93%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.83%). There's also some housing in College Station built before 1939 ( 1.03%).
Vacant housing appears to be an issue in College Station. Fully 10.08% of the housing stock is classified as vacant. Left unchecked, vacant College Station homes and apartments can be a drag on the real estate market, holding College Station 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.
In the last 10 years, College Station has experienced some of the highest home appreciation rates of any community in the nation. College Station real estate appreciated 55.20% over the last ten years, which is an average annual home appreciation rate of 4.49%, putting College Station in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, College Station 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 College Station that despite a nationwide downturn in the housing market, College Station real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, College Station appreciation rates continue to be some of the highest in America, at 9.38%, which is higher than appreciation rates in 96.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in College Station. College Station appreciation rates in the latest quarter were at 3.64%, which equates to an annual appreciation rate of 15.39%.
Importantly, this makes College Station 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 College Station'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 College Station differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in College Station - 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 College Station real estate investment or home purchase decisions.
|$937,001 - $1,250,000||0.4|
|$625,001 - $937,000||1.2|
|$500,001 - $625,000||2.3|
|$375,001 - $500,000||6.9|
|$250,001 - $375,000||17.7|
|$125,001 - $250,000||57.0|
|$63,001 - $125,000||8.2|
|$0 - $63,000||5.4|
|Value Relative to Nation||Value Relative to State|
|AGE OF College Station HOMES|
|2000 or Newer||31.9|
|1970 - 1999||58.2|
|1940 - 1969||8.8|
|1939 or Older||1.0|
|TYPE OF College Station HOMES|
|Small Apt. Buildings||17.1|
|SIZE OF College Station HOMES|
|5 or more bedrooms||2.10|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2016 Q3
|* 10 is highest|