College Station, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating College Station Neighborhoods Since 2000




College Station, 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

College Station Housing Market Information

With 107,889 people, 36,175 houses or apartments, and a median cost of homes of $207,050, College Station real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in College Station, accounting for 42.56% of the city's housing units. Other types of housing that are prevalent in College Station include large apartment complexes or high rise apartments ( 33.11%), duplexes, homes converted to apartments or other small apartment buildings ( 17.81%), and a few row houses and other attached homes ( 5.16%).

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 ( 33.68%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.16%).

Vacant housing appears to be an issue in College Station. Fully 10.14% 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.

College Station Home Appreciation Rates

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 52.70% over the last ten years, which is an average annual home appreciation rate of 4.32%, 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 7.02%, which is higher than appreciation rates in 81.48% 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 0.76%, which equates to an annual appreciation rate of 3.07%.

Relative to Texas, our data show that College Station's latest annual appreciation rate is higher 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 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.

Average Home Values

 

Median Home Value:
$207,050

College Station, TX HOME PRICES

Value Range
> $1,248,000 0.2
$936,001 - $1,248,000 0.5
$624,001 - $936,000 1.4
$499,001 - $624,000 2.3
$374,001 - $499,000 7.0
$250,001 - $374,000 18.8
$125,001 - $250,000 56.1
$62,001 - $125,000 9.7
$0 - $62,000 4.1

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
30.505097855385 15.5642023346304

Number Of Homes And Apartments:
36,175

College Station 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
104.07% 4.22% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,182 / per month

Homeownership Rate

Homeownership
Owners 31.34
Renters 68.66
Vacant 10.14

Housing Market Details

 

Age of Homes

AGE OF College Station HOMES
2000 or Newer 33.7
1970 - 1999 57.2
1940 - 1969 8.2
1939 or Older 1.0

Types of Homes

TYPE OF College Station HOMES
Single-Family 42.6
Townhomes 5.2
Small Apt. Buildings 17.8
Apt. Complexes 33.1
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF College Station HOMES
No Bedroom 1.81
1 Bedroom 13.35
2 Bedrooms 31.54
3 Bedrooms 29.62
4 Bedrooms 21.54
5 or more bedrooms 2.14