Cuero, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Cuero, 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

Cuero Housing Market Information

With 7,115 people, 2,262 houses or apartments, and a median cost of homes of $120,609, house prices in Cuero are solidly below the national average.

Single-family detached homes are the single most common housing type in Cuero, accounting for 69.36% of the city's housing units. Other types of housing that are prevalent in Cuero include mobile homes or trailers ( 14.51%), duplexes, homes converted to apartments or other small apartment buildings ( 10.63%), and a few large apartment complexes or high rise apartments ( 4.56%).

There is a lot of housing in Cuero 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 Cuero built between 1940-1969 ( 31.40%). A lesser amount of the housing stock also hails from before 1939 ( 15.64%). There's also some housing in Cuero built between 2000 and later ( 6.22%).

Vacant housing appears to be an issue in Cuero. Fully 14.74% of the housing stock is classified as vacant. Left unchecked, vacant Cuero homes and apartments can be a drag on the real estate market, holding Cuero 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.

Cuero Home Appreciation Rates

In the last 10 years, Cuero has experienced some of the highest home appreciation rates of any community in the nation. Cuero real estate appreciated 53.24% over the last ten years, which is an average annual home appreciation rate of 4.36%, putting Cuero in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cuero 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 Cuero that despite a nationwide downturn in the housing market, Cuero real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cuero appreciation rates continue to be some of the highest in America, at 6.42%, which is higher than appreciation rates in 77.30% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cuero. Cuero 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 Cuero's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$120,609

Cuero, TX HOME PRICES

Value Range
> $1,148,000 1.7
$861,001 - $1,148,000 0.2
$574,001 - $861,000 2.0
$459,001 - $574,000 1.7
$344,001 - $459,000 10.0
$230,001 - $344,000 11.9
$115,001 - $230,000 26.9
$57,001 - $115,000 24.3
$0 - $57,000 21.3

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
65.0474627915153 49.0272373540856

Number Of Homes And Apartments:
2,262

Cuero 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
110.58% 4.41% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$920 / per month

Homeownership Rate

Homeownership
Owners 60.71
Renters 39.29
Vacant 14.74

Housing Market Details

 

Age of Homes

AGE OF Cuero HOMES
2000 or Newer 6.2
1970 - 1999 46.7
1940 - 1969 31.4
1939 or Older 15.6

Types of Homes

TYPE OF Cuero HOMES
Single-Family 69.4
Townhomes 0.9
Small Apt. Buildings 10.6
Apt. Complexes 4.6
Mobile Homes 14.5
Other 0.0

Home Size

SIZE OF Cuero HOMES
No Bedroom 7.39
1 Bedroom 9.42
2 Bedrooms 31.59
3 Bedrooms 40.48
4 Bedrooms 7.92
5 or more bedrooms 3.20

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Zip Codes in Cuero, TX