Glenn Heights, 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

Glenn Heights, TX Housing Market Trends

With a population of 13,377, 3,783 total housing units (homes and apartments), and a median house value of $245,211, Glenn Heights real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Glenn Heights, accounting for 82.77% of the city's housing units. Other types of housing that are prevalent in Glenn Heights include mobile homes or trailers ( 14.43%), row houses and other attached homes ( 1.04%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glenn Heights. Owner-occupied housing accounts for 79.28% of Glenn Heights's homes, and 84.85% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Glenn Heights 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 Glenn Heights built between 2000 and later ( 43.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.48%).

Glenn Heights Home Appreciation Rates

In the last 10 years, Glenn Heights has experienced some of the highest home appreciation rates of any community in the nation. Glenn Heights real estate appreciated 84.86% over the last ten years, which is an average annual home appreciation rate of 6.34%, putting Glenn Heights in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Glenn Heights 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, Glenn Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Glenn Heights's appreciation rate has been 3.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glenn Heights were at 1.65%, which equates to an annual appreciation rate of 6.76%.

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

Average Home Values

 

Median Home Value:
$245,211

Glenn Heights, TX HOME PRICES

> $1,246,000
0.1%
0.1%
$935,001 - $1,246,000
0.0%
0.0%
$623,001 - $935,000
0.4%
0.4%
$499,001 - $623,000
1.5%
1.5%
$374,001 - $499,000
8.4%
8.4%
$249,001 - $374,000
29.4%
29.4%
$124,001 - $249,000
38.8%
38.8%
$62,001 - $124,000
13.2%
13.2%
$0 - $62,000
8.3%
8.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for TX

Value Relative To Nation

Number Of Homes And Apartments:
3,783

Glenn Heights 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
93.07% 3.18%
3
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,862 / per month

Homeownership Rate

Owners
79.3%
79.3%
Renters
20.7%
20.7%
Vacant
6.3%
6.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
43.0%
43.0%
1970 - 1999
52.3%
52.3%
1940 - 1969
4.5%
4.5%
1939 or Older
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
82.8%
82.8%
Townhomes
1.0%
1.0%
Small Apt. Buildings
0.8%
0.8%
Apt. Complexes
0.8%
0.8%
Mobile Homes
14.4%
14.4%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
2.3%
2.3%
2 Bedrooms
8.8%
8.8%
3 Bedrooms
54.8%
54.8%
4 Bedrooms
30.0%
30.0%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES