Pearland, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Pearland Neighborhoods Since 2000




Pearland, 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

Pearland Housing Market Information

With 108,821 people, 34,776 houses or apartments, and a median cost of homes of $226,593, Pearland real estate is some of the most expensive in Texas, although Pearland home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Pearland, accounting for 80.80% of the city's housing units. Other types of housing that are prevalent in Pearland include large apartment complexes or high rise apartments ( 14.36%), mobile homes or trailers ( 2.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.31%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pearland. Owner-occupied housing accounts for 76.37% of Pearland's homes, and 74.35% have either three or four bedrooms, which is average sized relative to America.

Pearland homes and real estate are some of the newest in America. 54.09% of Pearland'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 Pearland real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.29%), and between 1940-1969 ( 6.35%).

Pearland Home Appreciation Rates

In the last 10 years, Pearland has experienced some of the highest home appreciation rates of any community in the nation. Pearland real estate appreciated 28.86% over the last ten years, which is an average annual home appreciation rate of 2.57%, putting Pearland in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Pearland 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 Pearland that despite a nationwide downturn in the housing market, Pearland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pearland appreciation rates continue to be some of the highest in America, at 8.97%, which is higher than appreciation rates in 90.64% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pearland. Pearland appreciation rates in the latest quarter were at -0.09%, which equates to an annual appreciation rate of -0.38%.

Relative to Texas, our data show that Pearland's latest annual appreciation rate is higher than 80% 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 Pearland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pearland - 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 Pearland real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$226,593

Pearland, TX HOME PRICES

Value Range
> $1,265,000 0.1
$949,001 - $1,265,000 0.0
$632,001 - $949,000 1.1
$506,001 - $632,000 1.4
$380,001 - $506,000 7.4
$253,001 - $380,000 28.8
$127,001 - $253,000 52.3
$63,001 - $127,000 5.3
$0 - $63,000 3.7

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
26.4736903785304 11.9649805447471

Number Of Homes And Apartments:
34,776

Pearland 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
56.81% 2.64% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,541 / per month

Homeownership Rate

Homeownership
Owners 76.37
Renters 23.63
Vacant 4.59

Housing Market Details

 

Age of Homes

AGE OF Pearland HOMES
2000 or Newer 54.1
1970 - 1999 39.3
1940 - 1969 6.3
1939 or Older 0.3

Types of Homes

TYPE OF Pearland HOMES
Single-Family 80.8
Townhomes 0.8
Small Apt. Buildings 1.3
Apt. Complexes 14.4
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Pearland HOMES
No Bedroom 0.31
1 Bedroom 8.44
2 Bedrooms 9.97
3 Bedrooms 37.99
4 Bedrooms 36.36
5 or more bedrooms 6.93