Little Elm, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Little Elm Neighborhoods Since 2000




Little Elm, TX Real Estate Data


Little Elm Housing Market Information

With a population of 38,341, 9,378 total housing units (homes and apartments), and a median house value of $221,573, Little Elm real estate is some of the most expensive in Texas, although Little Elm home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Little Elm, accounting for 89.90% of the city's housing units. Other types of housing that are prevalent in Little Elm include mobile homes or trailers ( 4.68%), large apartment complexes or high rise apartments ( 3.18%), and a few row houses and other attached homes ( 2.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Little Elm. Owner-occupied housing accounts for 80.25% of Little Elm's homes, and 84.73% have either three or four bedrooms, which is average sized relative to America.

Little Elm homes and real estate are some of the newest in America. 85.01% of Little Elm'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 Little Elm real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 13.29%), and between 1940-1969 ( 0.93%).

Little Elm Home Appreciation Rates

In the last 10 years, Little Elm has experienced some of the highest home appreciation rates of any community in the nation. Little Elm real estate appreciated 37.63% over the last ten years, which is an average annual home appreciation rate of 3.25%, putting Little Elm in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Little Elm 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 Little Elm that despite a nationwide downturn in the housing market, Little Elm real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Little Elm appreciation rates continue to be some of the highest in America, at 9.24%, which is higher than appreciation rates in 96.26% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Little Elm. Little Elm appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

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

Relative to Texas, our data show that Little Elm's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$221,573

Little Elm, TX HOME PRICES

Value Range
> $1,367,000 0.1
$1,026,001 - $1,367,000 0.2
$684,001 - $1,026,000 0.3
$547,001 - $684,000 0.3
$410,001 - $547,000 3.4
$273,001 - $410,000 18.3
$137,001 - $273,000 70.9
$68,001 - $137,000 3.8
$0 - $68,000 2.7

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
28.2895122094045 13.495145631068

Number Of Homes And Apartments:
9,378

Rent & Ownership

 

Average Market Rent:
$1,585 / per month

Homeownership Rate

Homeownership
Owners 80.25
Renters 19.75
Vacant 7.66

Housing Market Details

 

Age of Homes

AGE OF Little Elm HOMES
2000 or Newer 85.0
1970 - 1999 13.3
1940 - 1969 0.9
1939 or Older 0.8

Types of Homes

TYPE OF Little Elm HOMES
Single-Family 89.9
Townhomes 2.2
Small Apt. Buildings 0.0
Apt. Complexes 3.2
Mobile Homes 4.7
Other 0.0

Home Size

SIZE OF Little Elm HOMES
No Bedroom 1.10
1 Bedroom 2.69
2 Bedrooms 3.79
3 Bedrooms 49.16
4 Bedrooms 35.57
5 or more bedrooms 7.69

Little Elm 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
55.40% 2.63% 3 7
* 10 is highest