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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 9,378 people, 3,213 houses or apartments, and a median cost of homes of $112,982, house prices in Jacinto City 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 Jacinto City, accounting for 78.93% of the city's housing units. Other types of housing that are prevalent in Jacinto City include large apartment complexes or high rise apartments ( 15.58%), mobile homes or trailers ( 2.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jacinto City. Owner-occupied housing accounts for 70.10% of Jacinto City's homes, and 58.85% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Jacinto City's housing was primarily built during this period, from the '40s through the '60s. A full 71.79% of the city's housing hails from this era. Other housing ages represented in Jacinto City include homes built between 1970-1999 ( 15.30%) and housing constructed between 2000 and later ( 9.45%). There's also some housing in Jacinto City built before 1939 ( 3.46%).
Vacant housing appears to be an issue in Jacinto City. Fully 11.73% of the housing stock is classified as vacant. Left unchecked, vacant Jacinto City homes and apartments can be a drag on the real estate market, holding Jacinto City 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.
Appreciation rates for homes in Jacinto City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 77.86%, which ranks in the top 50% nationwide. This equates to an annual average Jacinto City house appreciation rate of 5.93%.
NeighborhoodScout's data show that during the latest twelve months, Jacinto City's appreciation rate, at 15.45%, has been at or slightly above the national average. In the latest quarter, Jacinto City's appreciation rate has been 2.08%, which annualizes to a rate of 8.58%.
Notably, Jacinto City's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Jacinto City's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
Very Low for Nation
Very Low for TX