Leander, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Leander Neighborhoods Since 2000




Leander, 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

Leander Housing Market Information

With 37,889 people, 9,595 houses or apartments, and a median cost of homes of $190,323, Leander real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Leander, accounting for 91.00% of the city's housing units. Other types of housing that are prevalent in Leander include large apartment complexes or high rise apartments ( 3.64%), duplexes, homes converted to apartments or other small apartment buildings ( 2.48%), and a few mobile homes or trailers ( 1.94%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leander. Owner-occupied housing accounts for 76.68% of Leander's homes, and 85.71% have either three or four bedrooms, which is average sized relative to America.

Leander homes and real estate are some of the newest in America. 64.55% of Leander'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 Leander real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.85%), and between 1940-1969 ( 1.35%). There's also some housing in Leander built before 1939 ( 1.25%).

Leander Home Appreciation Rates

In the last 10 years, Leander has experienced some of the highest home appreciation rates of any community in the nation. Leander real estate appreciated 38.56% over the last ten years, which is an average annual home appreciation rate of 3.32%, putting Leander in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Leander 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 Leander that despite a nationwide downturn in the housing market, Leander real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Leander appreciation rates continue to be some of the highest in America, at 9.90%, which is higher than appreciation rates in 93.62% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Leander. Leander appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.88%.

Relative to Texas, our data show that Leander's latest annual appreciation rate is higher than 80% 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 Leander differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Leander - 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 Leander real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$190,323

Leander, TX HOME PRICES

Value Range
> $1,297,000 0.5
$973,001 - $1,297,000 0.5
$649,001 - $973,000 2.7
$519,001 - $649,000 1.4
$389,001 - $519,000 6.0
$260,001 - $389,000 17.8
$130,001 - $260,000 62.2
$65,001 - $130,000 5.6
$0 - $65,000 3.5

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
34.8470643384507 19.6498054474708

Number Of Homes And Apartments:
9,595

Leander 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
69.06% 3.09% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,853 / per month

Homeownership Rate

Homeownership
Owners 76.68
Renters 23.32
Vacant 5.24

Housing Market Details

 

Age of Homes

AGE OF Leander HOMES
2000 or Newer 64.5
1970 - 1999 32.8
1940 - 1969 1.4
1939 or Older 1.3

Types of Homes

TYPE OF Leander HOMES
Single-Family 91.0
Townhomes 0.9
Small Apt. Buildings 2.5
Apt. Complexes 3.6
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Leander HOMES
No Bedroom 0.35
1 Bedroom 1.37
2 Bedrooms 7.09
3 Bedrooms 50.82
4 Bedrooms 34.89
5 or more bedrooms 5.48