New Braunfels, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating New Braunfels Neighborhoods Since 2000




New Braunfels, 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

New Braunfels Housing Market Information

With a population of 70,543, 22,361 total housing units (homes and apartments), and a median house value of $205,729, New Braunfels real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in New Braunfels, accounting for 72.72% of the city's housing units. Other types of housing that are prevalent in New Braunfels include large apartment complexes or high rise apartments ( 13.22%), duplexes, homes converted to apartments or other small apartment buildings ( 6.56%), and a few mobile homes or trailers ( 5.58%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in New Braunfels. Owner-occupied housing accounts for 65.36% of New Braunfels's homes, and 66.69% have either three or four bedrooms, which is average sized relative to America.

New Braunfels homes and real estate are some of the newest in America. 41.61% of New Braunfels'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 New Braunfels real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.78%), and between 1940-1969 ( 17.06%). There's also some housing in New Braunfels built before 1939 ( 4.54%).

New Braunfels Home Appreciation Rates

In the last 10 years, New Braunfels has experienced some of the highest home appreciation rates of any community in the nation. New Braunfels real estate appreciated 34.09% over the last ten years, which is an average annual home appreciation rate of 2.98%, putting New Braunfels in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, New Braunfels definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, New Braunfels's appreciation rate, at 5.08%, has been at or slightly above the national average. In the latest quarter, New Braunfels's appreciation rate has been 0.94%, which annualizes to a rate of 3.83%.

Relative to Texas, our data show that New Braunfels's latest annual appreciation rate is lower than 60% 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 New Braunfels differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in New Braunfels - 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 New Braunfels real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$205,729

New Braunfels, TX HOME PRICES

Value Range
> $1,213,000 0.9
$910,001 - $1,213,000 0.8
$606,001 - $910,000 3.0
$485,001 - $606,000 2.2
$364,001 - $485,000 5.8
$243,001 - $364,000 18.8
$121,001 - $243,000 48.5
$61,001 - $121,000 13.0
$0 - $61,000 7.1

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
30.8859721082855 15.8560311284047

Number Of Homes And Apartments:
22,361

New Braunfels 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
80.12% 3.47% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,216 / per month

Homeownership Rate

Homeownership
Owners 65.36
Renters 34.64
Vacant 9.13

Housing Market Details

 

Age of Homes

AGE OF New Braunfels HOMES
2000 or Newer 41.6
1970 - 1999 36.8
1940 - 1969 17.1
1939 or Older 4.5

Types of Homes

TYPE OF New Braunfels HOMES
Single-Family 72.7
Townhomes 1.9
Small Apt. Buildings 6.6
Apt. Complexes 13.2
Mobile Homes 5.6
Other 0.0

Home Size

SIZE OF New Braunfels HOMES
No Bedroom 1.05
1 Bedroom 8.32
2 Bedrooms 21.98
3 Bedrooms 48.74
4 Bedrooms 17.94
5 or more bedrooms 1.96