Crockett, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Crockett Neighborhoods Since 2000




Crockett, 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

Crockett Housing Market Information

With a population of 6,554, 2,560 total housing units (homes and apartments), and a median house value of $100,093, house prices in Crockett are solidly below the national average.

Single-family detached homes are the single most common housing type in Crockett, accounting for 64.34% of the city's housing units. Other types of housing that are prevalent in Crockett include duplexes, homes converted to apartments or other small apartment buildings ( 21.04%), large apartment complexes or high rise apartments ( 6.85%), and a few mobile homes or trailers ( 4.76%).

The most prevalent building size and type in Crockett are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.42% owning and 58.58% renting.

There is a lot of housing in Crockett 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 Crockett built between 1940-1969 ( 29.08%). A lesser amount of the housing stock also hails from before 1939 ( 9.73%). There's also some housing in Crockett built between 2000 and later ( 7.91%).

Vacant housing appears to be an issue in Crockett. Fully 15.32% of the housing stock is classified as vacant. Left unchecked, vacant Crockett homes and apartments can be a drag on the real estate market, holding Crockett 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.

Crockett Home Appreciation Rates

In the last 10 years, Crockett has experienced some of the highest home appreciation rates of any community in the nation. Crockett real estate appreciated 42.67% over the last ten years, which is an average annual home appreciation rate of 3.62%, putting Crockett in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crockett 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 Crockett that despite a nationwide downturn in the housing market, Crockett real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Crockett appreciation rates continue to be some of the highest in America, at 6.19%, which is higher than appreciation rates in 75.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Crockett. Crockett appreciation rates in the latest quarter were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Crockett's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$100,093

Crockett, TX HOME PRICES

Value Range
> $1,150,000 0.1
$863,001 - $1,150,000 0.1
$575,001 - $863,000 0.1
$460,001 - $575,000 0.5
$345,001 - $460,000 5.3
$230,001 - $345,000 10.5
$115,001 - $230,000 22.1
$58,001 - $115,000 34.3
$0 - $58,000 26.9

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
77.4991210594164 64.8832684824903

Number Of Homes And Apartments:
2,560

Crockett 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
87.48% 3.71% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$907 / per month

Homeownership Rate

Homeownership
Owners 41.42
Renters 58.58
Vacant 15.32

Housing Market Details

 

Age of Homes

AGE OF Crockett HOMES
2000 or Newer 7.9
1970 - 1999 53.3
1940 - 1969 29.1
1939 or Older 9.7

Types of Homes

TYPE OF Crockett HOMES
Single-Family 64.3
Townhomes 3.0
Small Apt. Buildings 21.0
Apt. Complexes 6.8
Mobile Homes 4.8
Other 0.0

Home Size

SIZE OF Crockett HOMES
No Bedroom 1.59
1 Bedroom 12.54
2 Bedrooms 27.89
3 Bedrooms 45.62
4 Bedrooms 10.62
5 or more bedrooms 1.75

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Zip Codes in Crockett, TX