Colleyville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Colleyville, 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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Colleyville Housing Market Information

With a population of 26,674, 8,854 total housing units (homes and apartments), and a median house value of $579,847, Colleyville house prices are not only among the most expensive in Texas, Colleyville real estate also is some of the most expensive in all of America.

Colleyville is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Colleyville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Colleyville. Owner-occupied housing accounts for 95.88% of Colleyville's homes, and 76.90% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Colleyville 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 Colleyville built between 2000 and later ( 24.93%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.34%).

Colleyville Home Appreciation Rates

In the last 10 years, Colleyville has experienced some of the highest home appreciation rates of any community in the nation. Colleyville real estate appreciated 51.75% over the last ten years, which is an average annual home appreciation rate of 4.26%, putting Colleyville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Colleyville 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, Colleyville appreciation rates have trailed the rest of the nation. In the last twelve months, Colleyville's appreciation rate has been 2.54%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Colleyville were at 1.21%, which equates to an annual appreciation rate of 4.91%.

Relative to Texas, our data show that Colleyville's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$579,847

Colleyville, TX HOME PRICES

Value Range
> $1,255,000 3.5
$941,001 - $1,255,000 8.5
$628,001 - $941,000 28.5
$502,001 - $628,000 21.6
$376,001 - $502,000 18.7
$251,001 - $376,000 15.1
$125,001 - $251,000 2.5
$63,001 - $125,000 0.7
$0 - $63,000 0.9

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
5.05109489051095 1.93986420950533

Number Of Homes And Apartments:
8,854

Colleyville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
96.70% 3.58%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,986 / per month

Homeownership Rate

Homeownership
Owners 95.88
Renters 4.12
Vacant 3.25

Housing Market Details

 

Age of Homes

AGE OF Colleyville HOMES
2000 or Newer 24.9
1970 - 1999 68.5
1940 - 1969 6.3
1939 or Older 0.3

Types of Homes

TYPE OF Colleyville HOMES
Single-Family 97.3
Townhomes 1.0
Small Apt. Buildings 0.7
Apt. Complexes 0.8
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Colleyville HOMES
No Bedroom 0.66
1 Bedroom 1.09
2 Bedrooms 1.72
3 Bedrooms 25.59
4 Bedrooms 51.31
5 or more bedrooms 19.64