Elmendorf, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Elmendorf Neighborhoods Since 2000




Elmendorf, 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

Elmendorf Housing Market Information

With 1,688 people, 442 houses or apartments, and a median cost of homes of $102,981, house prices in Elmendorf are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Elmendorf, accounting for 49.79% of the city's housing units. Other types of housing that are prevalent in Elmendorf include single-family detached homes ( 48.77%), duplexes, homes converted to apartments or other small apartment buildings ( 1.44%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Elmendorf. Owner-occupied housing accounts for 83.15% of Elmendorf's homes, and 69.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Elmendorf 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 Elmendorf built between 2000 and later ( 20.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.14%). There's also some housing in Elmendorf built before 1939 ( 2.67%).

Elmendorf Home Appreciation Rates

In the last 10 years, Elmendorf has experienced some of the highest home appreciation rates of any community in the nation. Elmendorf real estate appreciated 24.83% over the last ten years, which is an average annual home appreciation rate of 2.24%, putting Elmendorf in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Elmendorf definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Elmendorf's appreciation rate, at 4.87%, has been at or slightly above the national average. In the latest quarter, Elmendorf's appreciation rate has been 0.94%, which annualizes to a rate of 3.83%.

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

Average Home Values

 

Median Home Value:
$102,981

Elmendorf, TX HOME PRICES

Value Range
> $1,191,000 1.1
$893,001 - $1,191,000 0.0
$595,001 - $893,000 0.0
$476,001 - $595,000 0.0
$357,001 - $476,000 0.7
$238,001 - $357,000 5.6
$119,001 - $238,000 28.4
$60,001 - $119,000 40.5
$0 - $60,000 23.7

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
75.6504160318762 62.5486381322957

Number Of Homes And Apartments:
442

Elmendorf 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
66.34% 2.99% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,127 / per month

Homeownership Rate

Homeownership
Owners 83.15
Renters 16.85
Vacant 9.05

Housing Market Details

 

Age of Homes

AGE OF Elmendorf HOMES
2000 or Newer 21.0
1970 - 1999 57.2
1940 - 1969 19.1
1939 or Older 2.7

Types of Homes

TYPE OF Elmendorf HOMES
Single-Family 48.8
Townhomes 0.0
Small Apt. Buildings 1.4
Apt. Complexes 0.0
Mobile Homes 49.8
Other 0.0

Home Size

SIZE OF Elmendorf HOMES
No Bedroom 1.44
1 Bedroom 8.44
2 Bedrooms 18.11
3 Bedrooms 48.56
4 Bedrooms 21.40
5 or more bedrooms 2.06

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Zip Codes in Elmendorf, TX