Irving TX

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Irving, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Irving Housing Market Information

With 239,798 people, 84,772 houses or apartments, and a median cost of homes of $211,963, Irving real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Irving, accounting for 48.51% of the city's housing units. Other types of housing that are prevalent in Irving include single-family detached homes ( 38.24%), duplexes, homes converted to apartments or other small apartment buildings ( 7.57%), and a few row houses and other attached homes ( 4.12%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

People in Irving primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Irving has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Irving 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 Irving built between 1940-1969 ( 25.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.87%).

Irving Home Appreciation Rates

In the last 10 years, Irving has experienced some of the highest home appreciation rates of any community in the nation. Irving real estate appreciated 76.94% over the last ten years, which is an average annual home appreciation rate of 5.87%, putting Irving in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Irving definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Irving appreciation rates have trailed the rest of the nation. In the last twelve months, Irving's appreciation rate has been 3.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Irving were at 1.11%, which equates to an annual appreciation rate of 4.51%.

Relative to Texas, our data show that Irving's latest annual appreciation rate is lower than 60% 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 Irving differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Irving - 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 Irving real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,328,000 0.6
$996,001 - $1,328,000 0.5
$664,001 - $996,000 6.5
$532,001 - $664,000 6.0
$399,001 - $532,000 9.0
$266,001 - $399,000 16.7
$133,001 - $266,000 41.8
$66,001 - $133,000 12.8
$0 - $66,000 6.0

High for TX
High for Nation

Value Relative to Nation Value Relative to State
38.370802919708 24.3452958292919

Number Of Homes And Apartments:

Irving Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
98.85% 3.37%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,382 / per month

Homeownership Rate

Owners 36.96
Renters 63.04
Vacant 6.61

Housing Market Details


Age of Homes

2000 or Newer 18.9
1970 - 1999 55.2
1940 - 1969 25.1
1939 or Older 0.9

Types of Homes

Single-Family 38.2
Townhomes 4.1
Small Apt. Buildings 7.6
Apt. Complexes 48.5
Mobile Homes 1.4
Other 0.1

Home Size

No Bedroom 2.22
1 Bedroom 28.67
2 Bedrooms 29.88
3 Bedrooms 26.70
4 Bedrooms 10.32
5 or more bedrooms 2.20