Euless, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Euless Neighborhoods Since 2000




Euless, 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

Euless Housing Market Information

With a population of 54,219, 21,119 total housing units (homes and apartments), and a median house value of $237,648, Euless real estate is some of the most expensive in Texas, although Euless home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Euless, accounting for 43.84% of the city's housing units. Other types of housing that are prevalent in Euless include large apartment complexes or high rise apartments ( 38.56%), duplexes, homes converted to apartments or other small apartment buildings ( 9.20%), and a few row houses and other attached homes ( 7.74%).

People in Euless primarily live in small (one, two or no bedroom) single-family detached homes. Euless has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Euless 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 Euless built between 1940-1969 ( 22.47%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.76%).

Euless Home Appreciation Rates

In the last 10 years, Euless has experienced some of the highest home appreciation rates of any community in the nation. Euless real estate appreciated 40.25% over the last ten years, which is an average annual home appreciation rate of 3.44%, putting Euless in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Euless 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 Euless that despite a nationwide downturn in the housing market, Euless real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Euless appreciation rates continue to be some of the highest in America, at 10.13%, which is higher than appreciation rates in 94.19% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Euless. Euless appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Euless one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Euless'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 Euless differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Euless - 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 Euless real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$237,648

Euless, TX HOME PRICES

Value Range
> $1,335,000 0.2
$1,001,001 - $1,335,000 0.1
$667,001 - $1,001,000 0.8
$534,001 - $667,000 1.2
$400,001 - $534,000 2.0
$267,001 - $400,000 27.9
$133,001 - $267,000 48.7
$67,001 - $133,000 15.2
$0 - $67,000 3.8

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
24.5283018867925 10.6031128404669

Number Of Homes And Apartments:
21,119

Euless 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
68.03% 3.05% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,291 / per month

Homeownership Rate

Homeownership
Owners 44.22
Renters 55.78
Vacant 9.33

Housing Market Details

 

Age of Homes

AGE OF Euless HOMES
2000 or Newer 17.8
1970 - 1999 59.2
1940 - 1969 22.5
1939 or Older 0.5

Types of Homes

TYPE OF Euless HOMES
Single-Family 43.8
Townhomes 7.7
Small Apt. Buildings 9.2
Apt. Complexes 38.6
Mobile Homes 0.6
Other 0.1

Home Size

SIZE OF Euless HOMES
No Bedroom 1.81
1 Bedroom 24.41
2 Bedrooms 27.08
3 Bedrooms 32.86
4 Bedrooms 12.02
5 or more bedrooms 1.83