Ennis, TX Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ennis, TX Housing Market Trends

With 20,357 people, 6,557 houses or apartments, and a median cost of homes of $141,314, house prices in Ennis are solidly below the national average.

Single-family detached homes are the single most common housing type in Ennis, accounting for 76.26% of the city's housing units. Other types of housing that are prevalent in Ennis include large apartment complexes or high rise apartments ( 10.48%), duplexes, homes converted to apartments or other small apartment buildings ( 8.13%), and a few mobile homes or trailers ( 3.77%).

The most prevalent building size and type in Ennis are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.71% owning and 38.29% renting.

There is a lot of housing in Ennis 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 Ennis built between 1940-1969 ( 29.82%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.45%). There's also some housing in Ennis built before 1939 ( 7.39%).

Ennis Home Appreciation Rates

In the last 10 years, Ennis has experienced some of the highest home appreciation rates of any community in the nation. Ennis real estate appreciated 62.54% over the last ten years, which is an average annual home appreciation rate of 4.98%, putting Ennis in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ennis definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Ennis appreciation rates have trailed the rest of the nation. In the last twelve months, Ennis's appreciation rate has been 3.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ennis were at 1.69%, which equates to an annual appreciation rate of 6.94%.

Relative to Texas, our data show that Ennis's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$141,314

Ennis, TX HOME PRICES

> $1,213,000
0.3%
0.3%
$909,001 - $1,213,000
0.4%
0.4%
$606,001 - $909,000
0.1%
0.1%
$485,001 - $606,000
0.7%
0.7%
$364,001 - $485,000
4.6%
4.6%
$243,001 - $364,000
13.7%
13.7%
$121,001 - $243,000
35.4%
35.4%
$60,001 - $121,000
29.0%
29.0%
$0 - $60,000
15.9%
15.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for TX

Value Relative To Nation

Number Of Homes And Apartments:
6,557

Ennis Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
87.03% 3.03%
2
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,267 / per month

Homeownership Rate

Owners
61.7%
61.7%
Renters
38.3%
38.3%
Vacant
7.2%
7.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
21.4%
21.4%
1970 - 1999
41.3%
41.3%
1940 - 1969
29.8%
29.8%
1939 or Older
7.4%
7.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
76.3%
76.3%
Townhomes
1.4%
1.4%
Small Apt. Buildings
8.1%
8.1%
Apt. Complexes
10.5%
10.5%
Mobile Homes
3.8%
3.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
3.8%
3.8%
2 Bedrooms
31.1%
31.1%
3 Bedrooms
48.9%
48.9%
4 Bedrooms
13.3%
13.3%
5 or more bedrooms
2.5%
2.5%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Ennis

Zip Codes in Ennis, TX