Navasota, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Navasota, TX Real Estate Data


Navasota Housing Market Information

With a population of 7,476, 2,394 total housing units (homes and apartments), and a median house value of $122,396, house prices in Navasota are solidly below the national average.

Single-family detached homes are the single most common housing type in Navasota, accounting for 62.26% of the city's housing units. Other types of housing that are prevalent in Navasota include mobile homes or trailers ( 16.83%), duplexes, homes converted to apartments or other small apartment buildings ( 10.24%), and a few large apartment complexes or high rise apartments ( 6.82%).

The most prevalent building size and type in Navasota are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.61% owning and 52.39% renting.

There is a lot of housing in Navasota 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 Navasota built between 1940-1969 ( 30.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.83%). There's also some housing in Navasota built before 1939 ( 4.97%).

Navasota Home Appreciation Rates

In the last 10 years, Navasota has experienced some of the highest home appreciation rates of any community in the nation. Navasota real estate appreciated 31.10% over the last ten years, which is an average annual home appreciation rate of 2.74%, putting Navasota in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Navasota 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 Navasota that despite a nationwide downturn in the housing market, Navasota real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Navasota appreciation rates continue to be some of the highest in America, at 6.87%, which is higher than appreciation rates in 83.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Navasota. Navasota appreciation rates in the latest quarter were at 2.87%, which equates to an annual appreciation rate of 11.99%.

Importantly, this makes Navasota 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 Navasota's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$122,396

Navasota, TX HOME PRICES

Value Range
> $1,187,000 0.8
$890,001 - $1,187,000 1.5
$594,001 - $890,000 1.4
$475,001 - $594,000 2.8
$356,001 - $475,000 4.4
$238,001 - $356,000 6.2
$119,001 - $238,000 32.8
$59,001 - $119,000 20.4
$0 - $59,000 29.8

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
64.903086022135 49.126213592233

Number Of Homes And Apartments:
2,394

Rent & Ownership

 

Average Market Rent:
$764 / per month

Homeownership Rate

Homeownership
Owners 47.61
Renters 52.39
Vacant 7.82

Housing Market Details

 

Age of Homes

AGE OF Navasota HOMES
2000 or Newer 15.8
1970 - 1999 48.4
1940 - 1969 30.8
1939 or Older 5.0

Types of Homes

TYPE OF Navasota HOMES
Single-Family 62.3
Townhomes 3.9
Small Apt. Buildings 10.2
Apt. Complexes 6.8
Mobile Homes 16.8
Other 0.0

Home Size

SIZE OF Navasota HOMES
No Bedroom 0.73
1 Bedroom 11.44
2 Bedrooms 29.88
3 Bedrooms 47.79
4 Bedrooms 9.66
5 or more bedrooms 0.50

Navasota 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
80.80% 3.54% 7 9
* 10 is highest

Popular Neighborhoods in Navasota

Zip Codes in Navasota, TX