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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Graham, 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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Graham, TX Housing Market Trends

With 8,750 people, 3,495 houses or apartments, and a median cost of homes of $246,401, Graham 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 Graham, accounting for 78.12% of the city's housing units. Other types of housing that are prevalent in Graham include duplexes, homes converted to apartments or other small apartment buildings ( 12.39%), large apartment complexes or high rise apartments ( 6.34%), and a few mobile homes or trailers ( 1.83%).

The most prevalent building size and type in Graham are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.35% owning and 37.65% 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. Graham's housing was primarily built during this period, from the '40s through the '60s. A full 43.81% of the city's housing hails from this era. Other housing ages represented in Graham include homes built between 1970-1999 ( 39.74%) and housing constructed between 2000 and later ( 12.10%). There's also some housing in Graham built before 1939 ( 4.35%).

Graham Home Appreciation Rates

Real estate appreciation rates in Graham's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.69% during the period.

Over the last year, Graham appreciation rates have trailed the rest of the nation. In the last twelve months, Graham's appreciation rate has been 4.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Graham were at 1.44%, which equates to an annual appreciation rate of 5.89%.

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

Average Home Values

Median Home Value

$246,401

Graham, TX Home Prices
> $1,405,000
$1,054,001 - $1,405,000
$702,001 - $1,054,000
$562,001 - $702,000
$421,001 - $562,000
$281,001 - $421,000
$140,001 - $281,000
$70,001 - $140,000
$0 - $70,000
0.4%
0.4%
0.0%
0.0%
0.8%
0.8%
1.5%
1.5%
11.1%
11.1%
16.8%
16.8%
44.0%
44.0%
15.0%
15.0%
10.3%
10.3%
0% 100.0%
% of Homes
Average

for Texas

Average

for nation

Number of Homes And Apartments:

3,495

Graham Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,437 / per month

Homeownership Rate

Owners
Renters
62.4%
62.4%
37.6%
37.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.9%
8.9%
91.1%
91.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.1%
12.1%
39.7%
39.7%
43.8%
43.8%
4.4%
4.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.1%
78.1%
1.3%
1.3%
12.4%
12.4%
6.3%
6.3%
1.8%
1.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
9.8%
9.8%
25.2%
25.2%
48.8%
48.8%
13.2%
13.2%
0.1%
0.1%
0% 100.0%
% of Homes

Popular Communities Near Graham, TX

Zip Codes in Graham, TX