Evant, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Evant Neighborhoods Since 2000




Evant, 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

Evant Housing Market Information

With a population of 411, 155 total housing units (homes and apartments), and a median house value of $171,590, Evant real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Evant, accounting for 86.54% of the town's housing units. Other types of housing that are prevalent in Evant include mobile homes or trailers ( 8.17%), duplexes, homes converted to apartments or other small apartment buildings ( 5.29%).

The most prevalent building size and type in Evant are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 50.97% owning and 49.03% renting.

There is a lot of housing in Evant 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 Evant built between 1940-1969 ( 38.46%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.29%). There's also some housing in Evant built before 1939 ( 4.33%).

Vacant housing appears to be an issue in Evant. Fully 25.48% of the housing stock is classified as vacant. Left unchecked, vacant Evant homes and apartments can be a drag on the real estate market, holding Evant 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.

Evant Home Appreciation Rates

In the last 10 years, Evant has experienced some of the highest home appreciation rates of any community in the nation. Evant real estate appreciated 34.83% over the last ten years, which is an average annual home appreciation rate of 3.03%, putting Evant in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Evant 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, Evant's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Evant's appreciation rate has been 2.21%, which annualizes to a rate of 9.16%.

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

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

Average Home Values

 

Median Home Value:
$171,590

Evant, TX HOME PRICES

Value Range
> $1,135,000 0.6
$851,001 - $1,135,000 2.6
$567,001 - $851,000 3.4
$454,001 - $567,000 2.3
$340,001 - $454,000 6.6
$227,001 - $340,000 21.0
$113,001 - $227,000 28.6
$57,001 - $113,000 19.6
$0 - $57,000 15.4

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
41.0465252548928 24.6108949416342

Number Of Homes And Apartments:
155

Evant 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
102.03% 4.16% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$652 / per month

Homeownership Rate

Homeownership
Owners 50.97
Renters 49.03
Vacant 25.48

Housing Market Details

 

Age of Homes

AGE OF Evant HOMES
2000 or Newer 5.3
1970 - 1999 51.9
1940 - 1969 38.5
1939 or Older 4.3

Types of Homes

TYPE OF Evant HOMES
Single-Family 86.5
Townhomes 0.0
Small Apt. Buildings 5.3
Apt. Complexes 0.0
Mobile Homes 8.2
Other 0.0

Home Size

SIZE OF Evant HOMES
No Bedroom 1.92
1 Bedroom 2.40
2 Bedrooms 32.21
3 Bedrooms 51.44
4 Bedrooms 11.54
5 or more bedrooms 0.48

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Zip Codes in Evant, TX