Crystal City, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Crystal City Neighborhoods Since 2000




Crystal City, 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

Crystal City Housing Market Information

With 7,496 people, 2,279 houses or apartments, and a median cost of homes of $47,941, house prices in Crystal City are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Crystal City, accounting for 68.71% of the city's housing units. Other types of housing that are prevalent in Crystal City include duplexes, homes converted to apartments or other small apartment buildings ( 17.64%), mobile homes or trailers ( 9.81%), and a few large apartment complexes or high rise apartments ( 1.94%).

The most prevalent building size and type in Crystal City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.01% owning and 36.99% renting.

There is a lot of housing in Crystal City 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 Crystal City built between 1940-1969 ( 39.00%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.93%). There's also some housing in Crystal City built before 1939 ( 5.93%).

Crystal City Home Appreciation Rates

In the last 10 years, Crystal City has experienced some of the highest home appreciation rates of any community in the nation. Crystal City real estate appreciated 18.36% over the last ten years, which is an average annual home appreciation rate of 1.70%, putting Crystal City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crystal City 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 Crystal City that despite a nationwide downturn in the housing market, Crystal City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Crystal City appreciation rates continue to be some of the highest in America, at 6.51%, which is higher than appreciation rates in 77.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Crystal City. Crystal City 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 Crystal City's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$47,941

Crystal City, TX HOME PRICES

Value Range
> $1,121,000 0.0
$841,001 - $1,121,000 0.0
$560,001 - $841,000 0.0
$448,001 - $560,000 0.0
$336,001 - $448,000 0.1
$224,001 - $336,000 3.7
$112,001 - $224,000 6.3
$56,001 - $112,000 29.5
$0 - $56,000 60.4

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
99.4726356498301 98.8326848249027

Number Of Homes And Apartments:
2,279

Crystal City 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
58.58% 2.71% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$702 / per month

Homeownership Rate

Homeownership
Owners 63.01
Renters 36.99
Vacant 9.85

Housing Market Details

 

Age of Homes

AGE OF Crystal City HOMES
2000 or Newer 5.9
1970 - 1999 49.1
1940 - 1969 39.0
1939 or Older 5.9

Types of Homes

TYPE OF Crystal City HOMES
Single-Family 68.7
Townhomes 1.9
Small Apt. Buildings 17.6
Apt. Complexes 1.9
Mobile Homes 9.8
Other 0.0

Home Size

SIZE OF Crystal City HOMES
No Bedroom 2.14
1 Bedroom 11.51
2 Bedrooms 21.28
3 Bedrooms 50.75
4 Bedrooms 14.20
5 or more bedrooms 0.12

Popular Neighborhoods in Crystal City

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Zip Codes in Crystal City, TX