Crowley, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Crowley Neighborhoods Since 2000




Crowley, 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

Crowley Housing Market Information

With a population of 14,853, 4,760 total housing units (homes and apartments), and a median house value of $182,119, Crowley real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Crowley, accounting for 82.44% of the city's housing units. Other types of housing that are prevalent in Crowley include mobile homes or trailers ( 6.26%), duplexes, homes converted to apartments or other small apartment buildings ( 4.87%), and a few large apartment complexes or high rise apartments ( 3.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crowley. Owner-occupied housing accounts for 72.05% of Crowley's homes, and 81.33% have either three or four bedrooms, which is average sized relative to America.

Crowley homes and real estate are some of the newest in America. 48.09% of Crowley's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Crowley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.65%), and between 1940-1969 ( 15.06%).

Crowley Home Appreciation Rates

In the last 10 years, Crowley has experienced some of the highest home appreciation rates of any community in the nation. Crowley real estate appreciated 25.92% over the last ten years, which is an average annual home appreciation rate of 2.33%, putting Crowley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crowley 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 Crowley that despite a nationwide downturn in the housing market, Crowley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Crowley appreciation rates continue to be some of the highest in America, at 10.14%, which is higher than appreciation rates in 94.20% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Crowley. Crowley appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Crowley 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 Crowley's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$182,119

Crowley, TX HOME PRICES

Value Range
> $1,274,000 0.0
$955,001 - $1,274,000 0.2
$637,001 - $955,000 1.2
$509,001 - $637,000 0.2
$382,001 - $509,000 1.6
$255,001 - $382,000 6.3
$127,001 - $255,000 61.1
$64,001 - $127,000 25.5
$0 - $64,000 3.9

High for TX
High for Nation

Value Relative to Nation Value Relative to State
37.4487284659557 21.5953307392996

Number Of Homes And Apartments:
4,760

Crowley 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
52.63% 2.48% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,584 / per month

Homeownership Rate

Homeownership
Owners 72.05
Renters 27.95
Vacant 5.44

Housing Market Details

 

Age of Homes

AGE OF Crowley HOMES
2000 or Newer 48.1
1970 - 1999 36.7
1940 - 1969 15.1
1939 or Older 0.2

Types of Homes

TYPE OF Crowley HOMES
Single-Family 82.4
Townhomes 2.6
Small Apt. Buildings 4.9
Apt. Complexes 3.8
Mobile Homes 6.3
Other 0.0

Home Size

SIZE OF Crowley HOMES
No Bedroom 0.70
1 Bedroom 1.53
2 Bedrooms 12.65
3 Bedrooms 57.25
4 Bedrooms 24.08
5 or more bedrooms 3.79