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 51,789 people, 15,718 houses or apartments, and a median cost of homes of $343,139, Kyle real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Kyle, accounting for 75.17% of the city's housing units. Other types of housing that are prevalent in Kyle include large apartment complexes or high rise apartments ( 14.57%), mobile homes or trailers ( 7.73%), and a few row houses and other attached homes ( 1.70%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kyle. Owner-occupied housing accounts for 67.10% of Kyle's homes, and 76.51% have either three or four bedrooms, which is average sized relative to America.
Kyle homes and real estate are some of the newest in America. 86.15% of Kyle's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Kyle real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 11.98%), and between 1940-1969 ( 1.52%).
In the last 10 years, Kyle has experienced some of the highest home appreciation rates of any community in the nation. Kyle real estate appreciated 147.90% over the last ten years, which is an average annual home appreciation rate of 9.50%, putting Kyle in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kyle 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, Kyle's appreciation rate, at 11.27%, has been at or slightly above the national average. In the latest quarter, Kyle's appreciation rate has been -3.50%, which annualizes to a rate of -13.28%.
Notably, Kyle's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Kyle's latest annual appreciation rate is lower than 90% 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 Kyle differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kyle - 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 Kyle real estate investment or home purchase decisions.
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