Giddings, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Giddings Neighborhoods Since 2000




Giddings, 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

Giddings Housing Market Information

With a population of 5,064, 1,669 total housing units (homes and apartments), and a median house value of $110,397, house prices in Giddings are solidly below the national average.

Single-family detached homes are the single most common housing type in Giddings, accounting for 73.15% of the city's housing units. Other types of housing that are prevalent in Giddings include mobile homes or trailers ( 10.67%), duplexes, homes converted to apartments or other small apartment buildings ( 7.00%), and a few large apartment complexes or high rise apartments ( 6.18%).

The most prevalent building size and type in Giddings are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.57% owning and 46.43% renting.

There is a lot of housing in Giddings 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 Giddings built between 1940-1969 ( 38.34%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.28%). There's also some housing in Giddings built before 1939 ( 5.17%).

Vacant housing appears to be an issue in Giddings. Fully 19.41% of the housing stock is classified as vacant. Left unchecked, vacant Giddings homes and apartments can be a drag on the real estate market, holding Giddings 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.

Giddings Home Appreciation Rates

In the last 10 years, Giddings has experienced some of the highest home appreciation rates of any community in the nation. Giddings real estate appreciated 19.30% over the last ten years, which is an average annual home appreciation rate of 1.78%, putting Giddings in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Giddings 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, Giddings's appreciation rate, at 4.41%, has been at or slightly above the national average. In the latest quarter, Giddings's appreciation rate has been 0.45%, which annualizes to a rate of 1.82%.

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

Average Home Values

 

Median Home Value:
$110,397

Giddings, TX HOME PRICES

Value Range
> $1,114,000 1.0
$836,001 - $1,114,000 0.0
$557,001 - $836,000 1.1
$446,001 - $557,000 0.0
$335,001 - $446,000 0.8
$223,001 - $335,000 5.7
$112,001 - $223,000 34.9
$55,001 - $112,000 32.5
$0 - $55,000 24.0

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
71.1590296495957 56.0311284046693

Number Of Homes And Apartments:
1,669

Giddings 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
63.69% 2.90% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,147 / per month

Homeownership Rate

Homeownership
Owners 53.57
Renters 46.43
Vacant 19.41

Housing Market Details

 

Age of Homes

AGE OF Giddings HOMES
2000 or Newer 13.3
1970 - 1999 43.2
1940 - 1969 38.3
1939 or Older 5.2

Types of Homes

TYPE OF Giddings HOMES
Single-Family 73.2
Townhomes 3.0
Small Apt. Buildings 7.0
Apt. Complexes 6.2
Mobile Homes 10.7
Other 0.0

Home Size

SIZE OF Giddings HOMES
No Bedroom 0.48
1 Bedroom 1.59
2 Bedrooms 34.91
3 Bedrooms 55.38
4 Bedrooms 5.75
5 or more bedrooms 1.88

Popular Neighborhoods in Giddings

Zip Codes in Giddings, TX