Leon Valley, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Leon Valley, TX Real Estate Data


Leon Valley Housing Market Information

With a population of 11,174, 4,370 total housing units (homes and apartments), and a median house value of $167,296, Leon Valley real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Leon Valley, accounting for 70.45% of the city's housing units. Other types of housing that are prevalent in Leon Valley include large apartment complexes or high rise apartments ( 23.18%), duplexes, homes converted to apartments or other small apartment buildings ( 3.82%), and a few row houses and other attached homes ( 2.56%).

The most prevalent building size and type in Leon Valley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.95% owning and 41.05% renting.

There is a lot of housing in Leon Valley 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 Leon Valley built between 1940-1969 ( 18.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.38%).

Leon Valley Home Appreciation Rates

In the last 10 years, Leon Valley has experienced some of the highest home appreciation rates of any community in the nation. Leon Valley real estate appreciated 32.59% over the last ten years, which is an average annual home appreciation rate of 2.86%, putting Leon Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Leon Valley 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, Leon Valley's appreciation rate, at 5.32%, has been at or slightly above the national average. In the latest quarter, Leon Valley's appreciation rate has been 1.54%, which annualizes to a rate of 6.32%.

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

Average Home Values

 

Median Home Value:
$167,296

Leon Valley, TX HOME PRICES

Value Range
> $1,243,000 0.0
$932,001 - $1,243,000 0.2
$622,001 - $932,000 1.7
$497,001 - $622,000 0.1
$373,001 - $497,000 0.6
$248,001 - $373,000 7.4
$124,001 - $248,000 70.5
$62,001 - $124,000 14.4
$0 - $62,000 5.1

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
43.7840370088423 27.0873786407767

Number Of Homes And Apartments:
4,370

Rent & Ownership

 

Average Market Rent:
$1,186 / per month

Homeownership Rate

Homeownership
Owners 58.95
Renters 41.05
Vacant 4.54

Housing Market Details

 

Age of Homes

AGE OF Leon Valley HOMES
2000 or Newer 16.4
1970 - 1999 64.8
1940 - 1969 18.0
1939 or Older 0.8

Types of Homes

TYPE OF Leon Valley HOMES
Single-Family 70.4
Townhomes 2.6
Small Apt. Buildings 3.8
Apt. Complexes 23.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Leon Valley HOMES
No Bedroom 0.74
1 Bedroom 15.47
2 Bedrooms 16.64
3 Bedrooms 44.39
4 Bedrooms 20.12
5 or more bedrooms 2.64

Leon Valley 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
77.71% 3.44% 7 9
* 10 is highest