Huntington, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Huntington, 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

Huntington Housing Market Information

With 2,140 people, 808 houses or apartments, and a median cost of homes of $104,663, house prices in Huntington are solidly below the national average.

Single-family detached homes are the single most common housing type in Huntington, accounting for 61.46% of the city's housing units. Other types of housing that are prevalent in Huntington include mobile homes or trailers ( 22.24%), duplexes, homes converted to apartments or other small apartment buildings ( 10.34%), and a few large apartment complexes or high rise apartments ( 4.20%).

The most prevalent building size and type in Huntington are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.03% owning and 44.97% renting.

There is a lot of housing in Huntington 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 Huntington built between 1940-1969 ( 20.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.98%). There's also some housing in Huntington built before 1939 ( 3.71%).

Vacant housing appears to be an issue in Huntington. Fully 21.17% of the housing stock is classified as vacant. Left unchecked, vacant Huntington homes and apartments can be a drag on the real estate market, holding Huntington 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.

Huntington Home Appreciation Rates

In the last 10 years, Huntington has experienced some of the highest home appreciation rates of any community in the nation. Huntington real estate appreciated 23.40% over the last ten years, which is an average annual home appreciation rate of 2.13%, putting Huntington in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Huntington 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 Huntington that despite a nationwide downturn in the housing market, Huntington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Huntington appreciation rates continue to be some of the highest in America, at 5.99%, which is higher than appreciation rates in 73.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Huntington. Huntington 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 Huntington's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$104,663

Huntington, TX HOME PRICES

Value Range
> $1,137,000 0.1
$853,001 - $1,137,000 0.9
$569,001 - $853,000 1.2
$455,001 - $569,000 0.0
$341,001 - $455,000 1.5
$228,001 - $341,000 9.2
$114,001 - $228,000 28.8
$57,001 - $114,000 34.2
$0 - $57,000 24.1

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
74.5341614906832 60.7976653696498

Number Of Homes And Apartments:
808

Huntington 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
56.18% 2.62% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$882 / per month

Homeownership Rate

Homeownership
Owners 55.03
Renters 44.97
Vacant 21.17

Housing Market Details

 

Age of Homes

AGE OF Huntington HOMES
2000 or Newer 5.0
1970 - 1999 70.6
1940 - 1969 20.7
1939 or Older 3.7

Types of Homes

TYPE OF Huntington HOMES
Single-Family 61.5
Townhomes 1.8
Small Apt. Buildings 10.3
Apt. Complexes 4.2
Mobile Homes 22.2
Other 0.0

Home Size

SIZE OF Huntington HOMES
No Bedroom 3.12
1 Bedroom 4.39
2 Bedrooms 37.07
3 Bedrooms 47.12
4 Bedrooms 7.90
5 or more bedrooms 0.39

Popular Neighborhoods in Huntington

Popular Communities Near Huntington, TX

Zip Codes in Huntington, TX