Luling, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Luling Neighborhoods Since 2000




Luling, 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

Luling Housing Market Information

With a population of 5,764, 2,186 total housing units (homes and apartments), and a median house value of $115,834, house prices in Luling are solidly below the national average.

Single-family detached homes are the single most common housing type in Luling, accounting for 72.99% of the city's housing units. Other types of housing that are prevalent in Luling include duplexes, homes converted to apartments or other small apartment buildings ( 10.90%), large apartment complexes or high rise apartments ( 10.20%), and a few mobile homes or trailers ( 5.91%).

The most prevalent building size and type in Luling are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.56% owning and 42.44% renting.

There is a lot of housing in Luling 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 Luling built between 1940-1969 ( 32.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.06%). There's also some housing in Luling built before 1939 ( 15.33%).

Luling Home Appreciation Rates

In the last 10 years, Luling has experienced some of the highest home appreciation rates of any community in the nation. Luling real estate appreciated 56.58% over the last ten years, which is an average annual home appreciation rate of 4.59%, putting Luling in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Luling 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 Luling that despite a nationwide downturn in the housing market, Luling real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Luling appreciation rates continue to be some of the highest in America, at 7.94%, which is higher than appreciation rates in 86.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Luling. Luling appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.87%.

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

Average Home Values

 

Median Home Value:
$115,834

Luling, TX HOME PRICES

Value Range
> $1,309,000 0.0
$981,001 - $1,309,000 2.6
$654,001 - $981,000 0.0
$523,001 - $654,000 0.9
$392,001 - $523,000 0.0
$262,001 - $392,000 9.5
$131,001 - $262,000 34.1
$65,001 - $131,000 37.6
$0 - $65,000 15.2

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
67.8073362240713 51.9455252918288

Number Of Homes And Apartments:
2,186

Luling 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
118.92% 4.65% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$878 / per month

Homeownership Rate

Homeownership
Owners 57.56
Renters 42.44
Vacant 5.08

Housing Market Details

 

Age of Homes

AGE OF Luling HOMES
2000 or Newer 19.1
1970 - 1999 33.0
1940 - 1969 32.7
1939 or Older 15.3

Types of Homes

TYPE OF Luling HOMES
Single-Family 73.0
Townhomes 0.0
Small Apt. Buildings 10.9
Apt. Complexes 10.2
Mobile Homes 5.9
Other 0.0

Home Size

SIZE OF Luling HOMES
No Bedroom 1.00
1 Bedroom 8.55
2 Bedrooms 35.82
3 Bedrooms 47.89
4 Bedrooms 5.95
5 or more bedrooms 0.78

Popular Neighborhoods in Luling

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Zip Codes in Luling, TX