Horizon City, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Horizon City Neighborhoods Since 2000




Horizon City, 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

Horizon City Housing Market Information

With 19,288 people, 4,845 houses or apartments, and a median cost of homes of $158,230, Horizon City 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 Horizon City, accounting for 93.67% of the city's housing units. Other types of housing that are prevalent in Horizon City include duplexes, homes converted to apartments or other small apartment buildings ( 2.31%), mobile homes or trailers ( 1.90%), and a few row houses and other attached homes ( 1.09%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Horizon City. Owner-occupied housing accounts for 86.58% of Horizon City's homes, and 87.79% have either three or four bedrooms, which is average sized relative to America.

Horizon City homes and real estate are some of the newest in America. 58.27% of Horizon City'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 Horizon City real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.52%), and between 1940-1969 ( 3.20%).

Horizon City Home Appreciation Rates

Real estate appreciation rates in Horizon City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.01% during the period.

NeighborhoodScout's data show that during the latest twelve months, Horizon City's appreciation rate, at 3.86%, has been at or slightly above the national average. In the latest quarter, Horizon City's appreciation rate has been 0.83%, which annualizes to a rate of 3.36%.

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

Average Home Values

 

Median Home Value:
$158,230

Horizon City, TX HOME PRICES

Value Range
> $1,048,000 0.2
$786,001 - $1,048,000 0.5
$524,001 - $786,000 0.1
$419,001 - $524,000 0.0
$314,001 - $419,000 0.3
$210,001 - $314,000 11.5
$105,001 - $210,000 56.5
$53,001 - $105,000 24.2
$0 - $53,000 6.7

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
46.4959568733154 29.7665369649805

Number Of Homes And Apartments:
4,845

Horizon City 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
48.64% 2.32% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,242 / per month

Homeownership Rate

Homeownership
Owners 86.58
Renters 13.42
Vacant 5.92

Housing Market Details

 

Age of Homes

AGE OF Horizon City HOMES
2000 or Newer 58.3
1970 - 1999 38.5
1940 - 1969 3.2
1939 or Older 0.0

Types of Homes

TYPE OF Horizon City HOMES
Single-Family 93.7
Townhomes 1.1
Small Apt. Buildings 2.3
Apt. Complexes 1.0
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Horizon City HOMES
No Bedroom 1.05
1 Bedroom 0.00
2 Bedrooms 7.24
3 Bedrooms 52.31
4 Bedrooms 35.48
5 or more bedrooms 3.92

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Zip Codes in Horizon City, TX