Pottsboro, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pottsboro, TX Real Estate Data


Pottsboro Housing Market Information

With a population of 2,250, 835 total housing units (homes and apartments), and a median house value of $190,610, Pottsboro real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Pottsboro, accounting for 85.02% of the town's housing units. Other types of housing that are prevalent in Pottsboro include large apartment complexes or high rise apartments ( 6.95%), duplexes, homes converted to apartments or other small apartment buildings ( 4.13%), and a few mobile homes or trailers ( 2.93%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pottsboro. Owner-occupied housing accounts for 67.78% of Pottsboro's homes, and 77.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pottsboro 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 Pottsboro built between 2000 and later ( 24.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.90%). There's also some housing in Pottsboro built before 1939 ( 1.74%).

Pottsboro Home Appreciation Rates

In the last 10 years, Pottsboro has experienced some of the highest home appreciation rates of any community in the nation. Pottsboro real estate appreciated 35.90% over the last ten years, which is an average annual home appreciation rate of 3.12%, putting Pottsboro in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Pottsboro 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, Pottsboro's appreciation rate, at 4.81%, has been at or slightly above the national average. In the latest quarter, Pottsboro's appreciation rate has been -0.12%, which annualizes to a rate of -0.50%.

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

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

Average Home Values

 

Median Home Value:
$190,610

Pottsboro, TX HOME PRICES

Value Range
> $1,237,000 0.0
$928,001 - $1,237,000 0.8
$619,001 - $928,000 3.0
$495,001 - $619,000 2.3
$371,001 - $495,000 7.3
$247,001 - $371,000 19.1
$124,001 - $247,000 40.7
$62,001 - $124,000 22.8
$0 - $62,000 3.9

High for TX
High for Nation

Value Relative to Nation Value Relative to State
35.5331732739943 21.4563106796117

Number Of Homes And Apartments:
835

Rent & Ownership

 

Average Market Rent:
$958 / per month

Homeownership Rate

Homeownership
Owners 67.78
Renters 32.22
Vacant 9.34

Housing Market Details

 

Age of Homes

AGE OF Pottsboro HOMES
2000 or Newer 25.0
1970 - 1999 59.4
1940 - 1969 13.9
1939 or Older 1.7

Types of Homes

TYPE OF Pottsboro HOMES
Single-Family 85.0
Townhomes 1.0
Small Apt. Buildings 4.1
Apt. Complexes 6.9
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Pottsboro HOMES
No Bedroom 0.00
1 Bedroom 4.34
2 Bedrooms 17.70
3 Bedrooms 57.65
4 Bedrooms 20.09
5 or more bedrooms 0.22

Pottsboro 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
53.02% 2.53% 3 6
* 10 is highest

Popular Neighborhoods in Pottsboro

Zip Codes in Pottsboro, TX