Kirby, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Kirby Neighborhoods Since 2000




Kirby, 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

Kirby Housing Market Information

With a population of 8,550, 2,887 total housing units (homes and apartments), and a median house value of $88,330, house prices in Kirby are solidly below the national average.

Single-family detached homes are the single most common housing type in Kirby, accounting for 80.58% of the city's housing units. Other types of housing that are prevalent in Kirby include large apartment complexes or high rise apartments ( 6.48%), mobile homes or trailers ( 5.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kirby. Owner-occupied housing accounts for 72.77% of Kirby's homes, and 76.20% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Kirby 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 Kirby built between 1940-1969 ( 30.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 2.57%). There's also some housing in Kirby built before 1939 ( 1.22%).

Kirby Home Appreciation Rates

In the last 10 years, Kirby has experienced some of the highest home appreciation rates of any community in the nation. Kirby real estate appreciated 25.74% over the last ten years, which is an average annual home appreciation rate of 2.32%, putting Kirby in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kirby definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Kirby's appreciation rate, at 4.22%, has been at or slightly above the national average. In the latest quarter, Kirby's appreciation rate has been 0.94%, which annualizes to a rate of 3.83%.

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

Average Home Values

 

Median Home Value:
$88,330

Kirby, TX HOME PRICES

Value Range
> $1,190,000 0.0
$892,001 - $1,190,000 0.0
$595,001 - $892,000 0.0
$476,001 - $595,000 0.0
$357,001 - $476,000 0.0
$238,001 - $357,000 1.3
$119,001 - $238,000 16.3
$60,001 - $119,000 70.7
$0 - $60,000 11.7

Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
85.2630962146959 75.6809338521401

Number Of Homes And Apartments:
2,887

Kirby 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
71.73% 3.18% 6 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,364 / per month

Homeownership Rate

Homeownership
Owners 72.77
Renters 27.23
Vacant 9.58

Housing Market Details

 

Age of Homes

AGE OF Kirby HOMES
2000 or Newer 2.6
1970 - 1999 65.3
1940 - 1969 30.9
1939 or Older 1.2

Types of Homes

TYPE OF Kirby HOMES
Single-Family 80.6
Townhomes 1.2
Small Apt. Buildings 5.8
Apt. Complexes 6.5
Mobile Homes 6.0
Other 0.0

Home Size

SIZE OF Kirby HOMES
No Bedroom 1.00
1 Bedroom 7.23
2 Bedrooms 15.57
3 Bedrooms 61.89
4 Bedrooms 14.31
5 or more bedrooms 0.00