Kingsville, TX Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Kingsville, TX Housing Market Trends

With 25,315 people, 9,214 houses or apartments, and a median cost of homes of $99,362, house prices in Kingsville 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 Kingsville, accounting for 62.34% of the city's housing units. Other types of housing that are prevalent in Kingsville include large apartment complexes or high rise apartments ( 16.86%), duplexes, homes converted to apartments or other small apartment buildings ( 12.68%), and a few mobile homes or trailers ( 5.19%).

The most prevalent building size and type in Kingsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.91% owning and 56.09% renting.

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. Kingsville's housing was primarily built during this period, from the '40s through the '60s. A full 42.22% of the city's housing hails from this era. Other housing ages represented in Kingsville include homes built between 1970-1999 ( 35.91%) and housing constructed between 2000 and later ( 19.05%). There's also some housing in Kingsville built before 1939 ( 2.83%).

Vacant housing appears to be an issue in Kingsville. Fully 17.33% of the housing stock is classified as vacant. Left unchecked, vacant Kingsville homes and apartments can be a drag on the real estate market, holding Kingsville 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.

Kingsville Home Appreciation Rates

Real estate appreciation rates in Kingsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.08% during the period.

Over the last year, Kingsville appreciation rates have trailed the rest of the nation. In the last twelve months, Kingsville's appreciation rate has been 5.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kingsville were at 2.05%, which equates to an annual appreciation rate of 8.45%.

Relative to Texas, our data show that Kingsville's latest annual appreciation rate is higher than 70% 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 Kingsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kingsville - 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 Kingsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$99,362

Kingsville, TX HOME PRICES

> $1,129,000
0.0%
0.0%
$847,001 - $1,129,000
0.0%
0.0%
$565,001 - $847,000
1.8%
1.8%
$451,001 - $565,000
0.4%
0.4%
$339,001 - $451,000
0.9%
0.9%
$226,001 - $339,000
4.6%
4.6%
$113,001 - $226,000
33.8%
33.8%
$56,001 - $113,000
34.0%
34.0%
$0 - $56,000
24.5%
24.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for TX

Value Relative To Nation

Number Of Homes And Apartments:
9,214

Kingsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
75.48% 2.71%
1
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,059 / per month

Homeownership Rate

Owners
43.9%
43.9%
Renters
56.1%
56.1%
Vacant
17.3%
17.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
19.0%
19.0%
1970 - 1999
35.9%
35.9%
1940 - 1969
42.2%
42.2%
1939 or Older
2.8%
2.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.3%
62.3%
Townhomes
2.8%
2.8%
Small Apt. Buildings
12.7%
12.7%
Apt. Complexes
16.9%
16.9%
Mobile Homes
5.2%
5.2%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
6.7%
6.7%
1 Bedroom
11.5%
11.5%
2 Bedrooms
27.4%
27.4%
3 Bedrooms
37.8%
37.8%
4 Bedrooms
15.7%
15.7%
5 or more bedrooms
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Popular Communities Near Kingsville, TX

Zip Codes in Kingsville, TX