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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Poteet, TX Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Poteet, TX Housing Market Trends

With 2,948 people, 920 houses or apartments, and a median cost of homes of $155,223, house prices in Poteet are solidly below the national average.

Single-family detached homes are the single most common housing type in Poteet, accounting for 64.97% of the city's housing units. Other types of housing that are prevalent in Poteet include mobile homes or trailers ( 19.65%), duplexes, homes converted to apartments or other small apartment buildings ( 11.10%), and a few large apartment complexes or high rise apartments ( 4.28%).

The most prevalent building size and type in Poteet are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.77% owning and 40.23% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Poteet's housing was primarily built during this period, from the '40s through the '60s. A full 36.21% of the city's housing hails from this era. Other housing ages represented in Poteet include homes built between 2000 and later ( 31.85%) and housing constructed between 1970-1999 ( 27.39%). There's also some housing in Poteet built before 1939 ( 4.55%).

Vacant housing appears to be an issue in Poteet. Fully 16.29% of the housing stock is classified as vacant. Left unchecked, vacant Poteet homes and apartments can be a drag on the real estate market, holding Poteet real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Poteet Home Appreciation Rates

In the last 10 years, Poteet has experienced some of the highest home appreciation rates of any community in the nation. Poteet real estate appreciated 137.60% over the last ten years, which is an average annual home appreciation rate of 9.04%, putting Poteet in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Poteet 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, Poteet appreciation rates have trailed the rest of the nation. In the last twelve months, Poteet's appreciation rate has been 1.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Poteet were at -0.96%, which equates to an annual appreciation rate of -3.79%.

Notably, Poteet's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Poteet's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

Median Home Value

$155,223

Poteet, TX Home Prices
> $1,393,000
$1,045,001 - $1,393,000
$696,001 - $1,045,000
$557,001 - $696,000
$418,001 - $557,000
$278,001 - $418,000
$139,001 - $278,000
$69,001 - $139,000
$0 - $69,000
0.0%
0.0%
0.0%
0.0%
2.2%
2.2%
0.0%
0.0%
0.0%
0.0%
11.1%
11.1%
47.7%
47.7%
25.4%
25.4%
13.7%
13.7%
0% 100.0%
% of Homes
Low

for Texas

Very Low

for nation

Number of Homes And Apartments:

920

Poteet Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,213 / per month

Homeownership Rate

Owners
Renters
59.8%
59.8%
40.2%
40.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
16.3%
16.3%
83.7%
83.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
31.8%
31.8%
27.4%
27.4%
36.2%
36.2%
4.5%
4.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.0%
65.0%
0.0%
0.0%
11.1%
11.1%
4.3%
4.3%
19.7%
19.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
8.5%
8.5%
8.0%
8.0%
23.5%
23.5%
44.9%
44.9%
15.2%
15.2%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Poteet

Zip Codes in Poteet, TX