Kaufman, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Kaufman Neighborhoods Since 2000




Kaufman, 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

Kaufman Housing Market Information

With 7,156 people, 2,228 houses or apartments, and a median cost of homes of $122,682, house prices in Kaufman are solidly below the national average.

Single-family detached homes are the single most common housing type in Kaufman, accounting for 71.14% of the city's housing units. Other types of housing that are prevalent in Kaufman include large apartment complexes or high rise apartments ( 14.35%), mobile homes or trailers ( 9.24%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.46%).

The most prevalent building size and type in Kaufman are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.75% owning and 50.25% renting.

There is a lot of housing in Kaufman 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 Kaufman built between 1940-1969 ( 17.97%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.32%). There's also some housing in Kaufman built before 1939 ( 9.08%).

Vacant housing appears to be an issue in Kaufman. Fully 12.39% of the housing stock is classified as vacant. Left unchecked, vacant Kaufman homes and apartments can be a drag on the real estate market, holding Kaufman 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.

Kaufman Home Appreciation Rates

In the last 10 years, Kaufman has experienced some of the highest home appreciation rates of any community in the nation. Kaufman real estate appreciated 29.42% over the last ten years, which is an average annual home appreciation rate of 2.61%, putting Kaufman in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kaufman 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 Kaufman that despite a nationwide downturn in the housing market, Kaufman real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kaufman appreciation rates continue to be some of the highest in America, at 7.69%, which is higher than appreciation rates in 85.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kaufman. Kaufman appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Kaufman one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$122,682

Kaufman, TX HOME PRICES

Value Range
> $1,234,000 2.3
$926,001 - $1,234,000 0.0
$617,001 - $926,000 0.8
$494,001 - $617,000 0.2
$371,001 - $494,000 0.8
$247,001 - $371,000 11.2
$124,001 - $247,000 24.3
$62,001 - $124,000 49.0
$0 - $62,000 11.3

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
63.9575764678308 47.7626459143969

Number Of Homes And Apartments:
2,228

Kaufman 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
55.14% 2.58% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,126 / per month

Homeownership Rate

Homeownership
Owners 49.75
Renters 50.25
Vacant 12.39

Housing Market Details

 

Age of Homes

AGE OF Kaufman HOMES
2000 or Newer 16.3
1970 - 1999 56.6
1940 - 1969 18.0
1939 or Older 9.1

Types of Homes

TYPE OF Kaufman HOMES
Single-Family 71.1
Townhomes 1.8
Small Apt. Buildings 3.5
Apt. Complexes 14.4
Mobile Homes 9.2
Other 0.0

Home Size

SIZE OF Kaufman HOMES
No Bedroom 2.75
1 Bedroom 11.92
2 Bedrooms 25.84
3 Bedrooms 49.47
4 Bedrooms 8.18
5 or more bedrooms 1.85