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 a population of 11,463, 4,726 total housing units (homes and apartments), and a median house value of $254,999, 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 60.52% of the city's housing units. Other types of housing that are prevalent in Leon Valley include large apartment complexes or high rise apartments ( 29.79%), duplexes, homes converted to apartments or other small apartment buildings ( 5.60%), and a few row houses and other attached homes ( 3.91%).
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 56.37% owning and 43.63% 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 ( 18.11%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.32%).
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 119.97% over the last ten years, which is an average annual home appreciation rate of 8.20%, putting Leon Valley in the top 20% 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.
Appreciation rates are so strong in Leon Valley that despite a nationwide downturn in the housing market, Leon Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Leon Valley appreciation rates continue to be some of the highest in America, at 9.87%, which is higher than appreciation rates in 72.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Leon Valley. Leon Valley appreciation rates in the latest quarter were at 0.20%, which equates to an annual appreciation rate of 0.78%.
Relative to Texas, our data show that Leon Valley's latest annual appreciation rate is lower than 50% of the other cities and towns in Texas.
$2,050 / per month