Hebbronville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hebbronville, 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

Hebbronville Housing Market Information

With a population of 4,519, 1,481 total housing units (homes and apartments), and a median house value of $57,895, house prices in Hebbronville are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Hebbronville, accounting for 76.77% of the town's housing units. Other types of housing that are prevalent in Hebbronville include mobile homes or trailers ( 11.17%), duplexes, homes converted to apartments or other small apartment buildings ( 6.19%), and a few large apartment complexes or high rise apartments ( 4.84%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hebbronville. Owner-occupied housing accounts for 76.91% of Hebbronville's homes, and 66.53% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hebbronville 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 Hebbronville built between 1940-1969 ( 25.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.90%). There's also some housing in Hebbronville built before 1939 ( 8.75%).

Vacant housing appears to be an issue in Hebbronville. Fully 31.05% of the housing stock is classified as vacant. Left unchecked, vacant Hebbronville homes and apartments can be a drag on the real estate market, holding Hebbronville 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.

Hebbronville Home Appreciation Rates

In the last 10 years, Hebbronville has experienced some of the highest home appreciation rates of any community in the nation. Hebbronville real estate appreciated 30.15% over the last ten years, which is an average annual home appreciation rate of 2.67%, putting Hebbronville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hebbronville 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 Hebbronville that despite a nationwide downturn in the housing market, Hebbronville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hebbronville appreciation rates continue to be some of the highest in America, at 5.65%, which is higher than appreciation rates in 70.83% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hebbronville. Hebbronville appreciation rates in the latest quarter were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Hebbronville's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$57,895

Hebbronville, TX HOME PRICES

Value Range
> $1,127,000 0.0
$845,001 - $1,127,000 0.0
$564,001 - $845,000 0.0
$451,001 - $564,000 0.0
$338,001 - $451,000 2.0
$225,001 - $338,000 4.9
$113,001 - $225,000 21.9
$57,001 - $113,000 31.0
$0 - $57,000 40.3

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
98.4003281378179 96.1089494163424

Number Of Homes And Apartments:
1,481

Hebbronville 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
96.14% 3.98% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$580 / per month

Homeownership Rate

Homeownership
Owners 76.91
Renters 23.09
Vacant 31.05

Housing Market Details

 

Age of Homes

AGE OF Hebbronville HOMES
2000 or Newer 14.9
1970 - 1999 50.8
1940 - 1969 25.5
1939 or Older 8.8

Types of Homes

TYPE OF Hebbronville HOMES
Single-Family 76.8
Townhomes 1.0
Small Apt. Buildings 6.2
Apt. Complexes 4.8
Mobile Homes 11.2
Other 0.0

Home Size

SIZE OF Hebbronville HOMES
No Bedroom 1.86
1 Bedroom 4.89
2 Bedrooms 26.72
3 Bedrooms 51.12
4 Bedrooms 15.41
5 or more bedrooms 0.00

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