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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 16,774, 5,173 total housing units (homes and apartments), and a median house value of $91,729, house prices in Donna 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 Donna, accounting for 60.34% of the city's housing units. Other types of housing that are prevalent in Donna include mobile homes or trailers ( 16.89%), duplexes, homes converted to apartments or other small apartment buildings ( 13.61%), and a few large apartment complexes or high rise apartments ( 7.68%).
The most prevalent building size and type in Donna are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.50% owning and 40.50% renting.
There is a lot of housing in Donna 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 Donna built between 2000 and later ( 28.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.25%). There's also some housing in Donna built before 1939 ( 2.00%).
Vacant housing appears to be an issue in Donna. Fully 15.98% of the housing stock is classified as vacant. Left unchecked, vacant Donna homes and apartments can be a drag on the real estate market, holding Donna 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.
Appreciation rates for homes in Donna have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 83.45%, which ranks in the top 50% nationwide. This equates to an annual average Donna house appreciation rate of 6.26%.
Appreciation rates are so strong in Donna that despite a nationwide downturn in the housing market, Donna real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Donna appreciation rates continue to be some of the highest in America, at 12.95%, which is higher than appreciation rates in 99.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Donna. Donna appreciation rates in the latest quarter were at 1.85%, which equates to an annual appreciation rate of 7.61%.
Relative to Texas, our data show that Donna's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Donna differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Donna - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Donna real estate investment or home purchase decisions.
$91,729
for Texas
for nation
5,173
$1,138 / per month