Goliad, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Goliad, 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

Goliad Housing Market Information

With 1,986 people, 786 houses or apartments, and a median cost of homes of $133,988, house prices in Goliad are solidly below the national average.

Single-family detached homes are the single most common housing type in Goliad, accounting for 73.91% of the city's housing units. Other types of housing that are prevalent in Goliad include duplexes, homes converted to apartments or other small apartment buildings ( 13.10%), mobile homes or trailers ( 9.85%), and a few large apartment complexes or high rise apartments ( 2.84%).

The most prevalent building size and type in Goliad are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.20% owning and 38.80% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Goliad's housing was primarily built during this period, from the '40s through the '60s. A full 39.09% of the city's housing hails from this era. Other housing ages represented in Goliad include homes built between 1970-1999 ( 37.36%) and housing constructed before 1939 ( 17.97%). There's also some housing in Goliad built between 2000 and later ( 5.58%).

Vacant housing appears to be an issue in Goliad. Fully 20.20% of the housing stock is classified as vacant. Left unchecked, vacant Goliad homes and apartments can be a drag on the real estate market, holding Goliad 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.

Goliad Home Appreciation Rates

In the last 10 years, Goliad has experienced some of the highest home appreciation rates of any community in the nation. Goliad real estate appreciated 45.34% over the last ten years, which is an average annual home appreciation rate of 3.81%, putting Goliad in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Goliad 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, Goliad appreciation rates have trailed the rest of the nation. In the last twelve months, Goliad's appreciation rate has been 1.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Goliad were at 2.45%, which equates to an annual appreciation rate of 10.17%.

Importantly, this makes Goliad 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 Goliad's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$133,988

Goliad, TX HOME PRICES

Value Range
> $1,117,000 3.3
$838,001 - $1,117,000 0.9
$559,001 - $838,000 1.9
$447,001 - $559,000 2.1
$335,001 - $447,000 6.4
$223,001 - $335,000 18.3
$112,001 - $223,000 28.0
$56,001 - $112,000 23.6
$0 - $56,000 15.5

Average for TX
Average for Nation

Value Relative to Nation Value Relative to State
57.6174850580101 40.7587548638132

Number Of Homes And Apartments:
786

Goliad 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
102.31% 4.17% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$956 / per month

Homeownership Rate

Homeownership
Owners 61.20
Renters 38.80
Vacant 20.20

Housing Market Details

 

Age of Homes

AGE OF Goliad HOMES
2000 or Newer 5.6
1970 - 1999 37.4
1940 - 1969 39.1
1939 or Older 18.0

Types of Homes

TYPE OF Goliad HOMES
Single-Family 73.9
Townhomes 0.3
Small Apt. Buildings 13.1
Apt. Complexes 2.8
Mobile Homes 9.8
Other 0.0

Home Size

SIZE OF Goliad HOMES
No Bedroom 11.47
1 Bedroom 4.57
2 Bedrooms 27.82
3 Bedrooms 43.96
4 Bedrooms 8.83
5 or more bedrooms 3.35

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