Lakeside, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lakeside Neighborhoods Since 2000




Lakeside, TX Real Estate Data


Lakeside Housing Market Information

With a population of 1,385, 571 total housing units (homes and apartments), and a median house value of $258,044, Lakeside real estate is some of the most expensive in Texas, although Lakeside home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Lakeside, accounting for 99.32% of the town's housing units.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lakeside. Owner-occupied housing accounts for 94.52% of Lakeside's homes, and 82.53% 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. Lakeside's housing was primarily built during this period, from the '40s through the '60s. A full 47.43% of the town's housing hails from this era. Other housing ages represented in Lakeside include homes built between 2000 and later ( 28.77%) and housing constructed between 1970-1999 ( 23.12%).

Lakeside Home Appreciation Rates

In the last 10 years, Lakeside has experienced some of the highest home appreciation rates of any community in the nation. Lakeside real estate appreciated 36.90% over the last ten years, which is an average annual home appreciation rate of 3.19%, putting Lakeside in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lakeside 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 Lakeside that despite a nationwide downturn in the housing market, Lakeside real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lakeside appreciation rates continue to be some of the highest in America, at 8.92%, which is higher than appreciation rates in 95.35% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lakeside. Lakeside appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

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

Relative to Texas, our data show that Lakeside's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$258,044

Lakeside, TX HOME PRICES

Value Range
> $1,303,000 0.9
$978,001 - $1,303,000 0.0
$652,001 - $978,000 3.9
$521,001 - $652,000 7.0
$391,001 - $521,000 10.3
$261,001 - $391,000 14.1
$130,001 - $261,000 40.3
$65,001 - $130,000 18.3
$0 - $65,000 5.1

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
21.8539556128126 8.83495145631068

Number Of Homes And Apartments:
571

Rent & Ownership

 

Average Market Rent:
$1,303 / per month

Homeownership Rate

Homeownership
Owners 94.52
Renters 5.48
Vacant 2.23

Housing Market Details

 

Age of Homes

AGE OF Lakeside HOMES
2000 or Newer 28.8
1970 - 1999 23.1
1940 - 1969 47.4
1939 or Older 0.7

Types of Homes

TYPE OF Lakeside HOMES
Single-Family 99.3
Townhomes 0.0
Small Apt. Buildings 0.7
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lakeside HOMES
No Bedroom 0.51
1 Bedroom 0.68
2 Bedrooms 12.84
3 Bedrooms 59.59
4 Bedrooms 22.95
5 or more bedrooms 3.42

Lakeside Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
63.78% 2.94% 5 8
* 10 is highest