Hidalgo, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hidalgo Neighborhoods Since 2000




Hidalgo, 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

Hidalgo Housing Market Information

With 13,709 people, 3,041 houses or apartments, and a median cost of homes of $96,991, house prices in Hidalgo are solidly below the national average.

Single-family detached homes are the single most common housing type in Hidalgo, accounting for 80.60% of the city's housing units. Other types of housing that are prevalent in Hidalgo include duplexes, homes converted to apartments or other small apartment buildings ( 8.46%), large apartment complexes or high rise apartments ( 6.50%), and a few mobile homes or trailers ( 3.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hidalgo. Owner-occupied housing accounts for 73.27% of Hidalgo's homes, and 72.75% have either three or four bedrooms, which is average sized relative to America.

Hidalgo homes and real estate are some of the newest in America. 51.72% of Hidalgo's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hidalgo real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.39%), and between 1940-1969 ( 6.59%). There's also some housing in Hidalgo built before 1939 ( 1.30%).

Hidalgo Home Appreciation Rates

In the last 10 years, Hidalgo has experienced some of the highest home appreciation rates of any community in the nation. Hidalgo real estate appreciated 15.34% over the last ten years, which is an average annual home appreciation rate of 1.44%, putting Hidalgo in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hidalgo definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Hidalgo's appreciation rate, at 5.19%, has been at or slightly above the national average. In the latest quarter, Hidalgo's appreciation rate has been -0.31%, which annualizes to a rate of -1.23%.

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

Average Home Values

 

Median Home Value:
$96,991

Hidalgo, TX HOME PRICES

Value Range
> $1,115,000 0.0
$836,001 - $1,115,000 0.0
$558,001 - $836,000 0.1
$446,001 - $558,000 0.0
$335,001 - $446,000 0.0
$223,001 - $335,000 1.9
$112,001 - $223,000 34.2
$56,001 - $112,000 55.8
$0 - $56,000 8.1

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
79.5206844017344 67.2178988326848

Number Of Homes And Apartments:
3,041

Hidalgo 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
53.81% 2.53% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$907 / per month

Homeownership Rate

Homeownership
Owners 73.27
Renters 26.73
Vacant 8.13

Housing Market Details

 

Age of Homes

AGE OF Hidalgo HOMES
2000 or Newer 51.7
1970 - 1999 40.4
1940 - 1969 6.6
1939 or Older 1.3

Types of Homes

TYPE OF Hidalgo HOMES
Single-Family 80.6
Townhomes 1.2
Small Apt. Buildings 8.5
Apt. Complexes 6.5
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Hidalgo HOMES
No Bedroom 0.91
1 Bedroom 5.86
2 Bedrooms 19.76
3 Bedrooms 55.26
4 Bedrooms 17.49
5 or more bedrooms 0.73

Popular Neighborhoods in Hidalgo

Zip Codes in Hidalgo, TX