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 17,261 people, 4,445 houses or apartments, and a median cost of homes of $348,826, Manvel real estate prices are well above average cost compared to national prices.
Manvel is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Manvel than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manvel. Owner-occupied housing accounts for 77.51% of Manvel's homes, and 84.30% have either three or four bedrooms, which is average sized relative to America.
Manvel homes and real estate are some of the newest in America. 70.59% of Manvel'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 Manvel real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 23.03%), and between 1940-1969 ( 4.99%). There's also some housing in Manvel built before 1939 ( 1.39%).
Appreciation rates for homes in Manvel have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.88%, which ranks in the top 40% nationwide. This equates to an annual average Manvel house appreciation rate of 7.33%.
Over the last year, Manvel appreciation rates have trailed the rest of the nation. In the last twelve months, Manvel's appreciation rate has been 4.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Manvel were at 2.16%, which equates to an annual appreciation rate of 8.91%.
Relative to Texas, our data show that Manvel's latest annual appreciation rate is higher than 90% 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 Manvel differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Manvel - 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 Manvel real estate investment or home purchase decisions.
$348,826
for Texas
for nation
4,445
$2,536 / per month