Perryton, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Perryton, 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

Perryton Housing Market Information

With a population of 9,252, 3,212 total housing units (homes and apartments), and a median house value of $111,639, house prices in Perryton are solidly below the national average.

Single-family detached homes are the single most common housing type in Perryton, accounting for 74.30% of the city's housing units. Other types of housing that are prevalent in Perryton include mobile homes or trailers ( 17.30%), large apartment complexes or high rise apartments ( 5.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Perryton. Owner-occupied housing accounts for 71.12% of Perryton's homes, and 62.04% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Perryton 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 Perryton built between 1940-1969 ( 41.32%). A lesser amount of the housing stock also hails from before 1939 ( 7.13%). There's also some housing in Perryton built between 2000 and later ( 6.78%).

Perryton Home Appreciation Rates

In the last 10 years, Perryton has experienced some of the highest home appreciation rates of any community in the nation. Perryton real estate appreciated 34.24% over the last ten years, which is an average annual home appreciation rate of 2.99%, putting Perryton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Perryton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Perryton appreciation rates have trailed the rest of the nation. In the last twelve months, Perryton's appreciation rate has been 1.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Perryton were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Perryton's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$111,639

Perryton, TX HOME PRICES

Value Range
> $1,134,000 0.0
$850,001 - $1,134,000 0.0
$567,001 - $850,000 0.2
$454,001 - $567,000 1.4
$340,001 - $454,000 1.4
$227,001 - $340,000 9.1
$113,001 - $227,000 23.8
$57,001 - $113,000 35.5
$0 - $57,000 28.5

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
70.3972811437947 54.6692607003891

Number Of Homes And Apartments:
3,212

Perryton 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
96.34% 3.99% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$970 / per month

Homeownership Rate

Homeownership
Owners 71.12
Renters 28.88
Vacant 6.93

Housing Market Details

 

Age of Homes

AGE OF Perryton HOMES
2000 or Newer 6.8
1970 - 1999 44.8
1940 - 1969 41.3
1939 or Older 7.1

Types of Homes

TYPE OF Perryton HOMES
Single-Family 74.3
Townhomes 0.2
Small Apt. Buildings 2.5
Apt. Complexes 5.7
Mobile Homes 17.3
Other 0.0

Home Size

SIZE OF Perryton HOMES
No Bedroom 0.46
1 Bedroom 6.14
2 Bedrooms 29.44
3 Bedrooms 54.19
4 Bedrooms 7.85
5 or more bedrooms 1.91

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Zip Codes in Perryton, TX