Hallsville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hallsville, 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

Hallsville Housing Market Information

With a population of 4,065, 1,389 total housing units (homes and apartments), and a median house value of $160,960, Hallsville 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 Hallsville, accounting for 77.80% of the city's housing units. Other types of housing that are prevalent in Hallsville include duplexes, homes converted to apartments or other small apartment buildings ( 12.03%), mobile homes or trailers ( 5.69%), and a few row houses and other attached homes ( 2.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hallsville. Owner-occupied housing accounts for 76.67% of Hallsville's homes, and 60.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hallsville 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 Hallsville built between 2000 and later ( 32.37%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.82%).

Vacant housing appears to be an issue in Hallsville. Fully 11.13% of the housing stock is classified as vacant. Left unchecked, vacant Hallsville homes and apartments can be a drag on the real estate market, holding Hallsville 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.

Hallsville Home Appreciation Rates

Appreciation rates for homes in Hallsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.97%, which ranks in the top 30% nationwide. This equates to an annual average Hallsville house appreciation rate of 1.23%.

Over the last year, Hallsville appreciation rates have trailed the rest of the nation. In the last twelve months, Hallsville's appreciation rate has been -0.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hallsville were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Hallsville's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$160,960

Hallsville, TX HOME PRICES

Value Range
> $1,064,000 0.0
$798,001 - $1,064,000 0.0
$532,001 - $798,000 2.7
$426,001 - $532,000 2.4
$319,001 - $426,000 5.3
$213,001 - $319,000 26.4
$106,001 - $213,000 37.9
$53,001 - $106,000 15.3
$0 - $53,000 10.0

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
45.2302824329075 28.3073929961089

Number Of Homes And Apartments:
1,389

Hallsville 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
49.38% 2.35% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$751 / per month

Homeownership Rate

Homeownership
Owners 76.67
Renters 23.33
Vacant 11.13

Housing Market Details

 

Age of Homes

AGE OF Hallsville HOMES
2000 or Newer 32.4
1970 - 1999 53.8
1940 - 1969 13.8
1939 or Older 0.0

Types of Homes

TYPE OF Hallsville HOMES
Single-Family 77.8
Townhomes 2.3
Small Apt. Buildings 12.0
Apt. Complexes 2.2
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Hallsville HOMES
No Bedroom 0.00
1 Bedroom 4.22
2 Bedrooms 33.59
3 Bedrooms 42.03
4 Bedrooms 18.94
5 or more bedrooms 1.22

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Zip Codes in Hallsville, TX