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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 44,206 people, 14,818 houses or apartments, and a median cost of homes of $112,704, house prices in Haltom City are solidly below the national average.
Single-family detached homes are the single most common housing type in Haltom City, accounting for 65.03% of the city's housing units. Other types of housing that are prevalent in Haltom City include large apartment complexes or high rise apartments ( 22.58%), mobile homes or trailers ( 5.23%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.08%).
The most prevalent building size and type in Haltom City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.24% owning and 43.76% 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. Haltom City's housing was primarily built during this period, from the '40s through the '60s. A full 43.57% of the city's housing hails from this era. Other housing ages represented in Haltom City include homes built between 1970-1999 ( 42.43%) and housing constructed between 2000 and later ( 11.07%). There's also some housing in Haltom City built before 1939 ( 2.93%).
In the last 10 years, Haltom City has experienced some of the highest home appreciation rates of any community in the nation. Haltom City real estate appreciated 27.42% over the last ten years, which is an average annual home appreciation rate of 2.45%, putting Haltom City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Haltom City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Haltom City that despite a nationwide downturn in the housing market, Haltom City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Haltom City appreciation rates continue to be some of the highest in America, at 10.15%, which is higher than appreciation rates in 94.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Haltom City. Haltom City appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.
Importantly, this makes Haltom City 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 Haltom City's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Haltom City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Haltom City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Haltom City real estate investment or home purchase decisions.
|$958,001 - $1,277,000||0.0|
|$638,001 - $958,000||0.2|
|$511,001 - $638,000||0.0|
|$383,001 - $511,000||0.8|
|$255,001 - $383,000||3.7|
|$128,001 - $255,000||30.2|
|$64,001 - $128,000||53.9|
|$0 - $64,000||11.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Haltom City HOMES|
|2000 or Newer||11.1|
|1970 - 1999||42.4|
|1940 - 1969||43.6|
|1939 or Older||2.9|
|TYPE OF Haltom City HOMES|
|Small Apt. Buildings||4.1|
|SIZE OF Haltom City HOMES|
|5 or more bedrooms||1.79|