New Braunfels, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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New Braunfels, TX Real Estate Data


New Braunfels Housing Market Information

With a population of 70,543, 21,827 total housing units (homes and apartments), and a median house value of $217,201, New Braunfels real estate is some of the most expensive in Texas, although New Braunfels home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in New Braunfels, accounting for 73.15% of the city's housing units. Other types of housing that are prevalent in New Braunfels include large apartment complexes or high rise apartments ( 12.67%), duplexes, homes converted to apartments or other small apartment buildings ( 6.44%), and a few mobile homes or trailers ( 5.71%).

The most prevalent building size and type in New Braunfels are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.01% owning and 35.99% renting.

New Braunfels homes and real estate are some of the newest in America. 38.76% 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 ( 38.23%), and between 1940-1969 ( 17.61%). There's also some housing in New Braunfels built before 1939 ( 5.40%).

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 40.23% over the last ten years, which is an average annual home appreciation rate of 3.44%, 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 5.60%, has been at or slightly above the national average. In the latest quarter, New Braunfels's appreciation rate has been 1.54%, which annualizes to a rate of 6.32%.

Relative to Texas, our data show that New Braunfels's latest annual appreciation rate is lower than 70% 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:
$217,201

New Braunfels, TX HOME PRICES

Value Range
> $1,271,000 0.7
$953,001 - $1,271,000 0.6
$636,001 - $953,000 2.4
$508,001 - $636,000 2.0
$381,001 - $508,000 5.0
$254,001 - $381,000 19.7
$127,001 - $254,000 47.3
$64,001 - $127,000 14.6
$0 - $64,000 7.6

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
29.1503191427066 14.4660194174757

Number Of Homes And Apartments:
21,827

Rent & Ownership

 

Average Market Rent:
$1,282 / per month

Homeownership Rate

Homeownership
Owners 64.01
Renters 35.99
Vacant 8.14

Housing Market Details

 

Age of Homes

AGE OF New Braunfels HOMES
2000 or Newer 38.8
1970 - 1999 38.2
1940 - 1969 17.6
1939 or Older 5.4

Types of Homes

TYPE OF New Braunfels HOMES
Single-Family 73.2
Townhomes 2.0
Small Apt. Buildings 6.4
Apt. Complexes 12.7
Mobile Homes 5.7
Other 0.1

Home Size

SIZE OF New Braunfels HOMES
No Bedroom 1.15
1 Bedroom 7.58
2 Bedrooms 23.93
3 Bedrooms 47.60
4 Bedrooms 18.20
5 or more bedrooms 1.54

New Braunfels 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
78.58% 3.47% 7 9
* 10 is highest