Pottsboro, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pottsboro, 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

Pottsboro Housing Market Information

With 2,250 people, 830 houses or apartments, and a median cost of homes of $189,144, 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 79.38% of the town's housing units. Other types of housing that are prevalent in Pottsboro include large apartment complexes or high rise apartments ( 10.82%), duplexes, homes converted to apartments or other small apartment buildings ( 5.13%), and a few mobile homes or trailers ( 2.96%).

The most prevalent building size and type in Pottsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.82% owning and 35.18% renting.

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 ( 21.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.72%).

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 33.76% over the last ten years, which is an average annual home appreciation rate of 2.95%, 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.

Appreciation rates are so strong in Pottsboro that despite a nationwide downturn in the housing market, Pottsboro real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pottsboro appreciation rates continue to be some of the highest in America, at 6.87%, which is higher than appreciation rates in 80.51% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pottsboro. Pottsboro appreciation rates in the latest quarter were at 3.66%, which equates to an annual appreciation rate of 15.46%.

Importantly, this makes Pottsboro one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$189,144

Pottsboro, TX HOME PRICES

Value Range
> $1,236,000 0.6
$927,001 - $1,236,000 0.4
$618,001 - $927,000 2.2
$495,001 - $618,000 1.9
$371,001 - $495,000 8.1
$247,001 - $371,000 20.8
$124,001 - $247,000 38.7
$62,001 - $124,000 19.5
$0 - $62,000 7.8

High for TX
High for Nation

Value Relative to Nation Value Relative to State
35.1166061174265 20.0389105058366

Number Of Homes And Apartments:
830

Pottsboro 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
58.69% 2.71% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,016 / per month

Homeownership Rate

Homeownership
Owners 64.82
Renters 35.18
Vacant 5.47

Housing Market Details

 

Age of Homes

AGE OF Pottsboro HOMES
2000 or Newer 22.0
1970 - 1999 61.5
1940 - 1969 15.7
1939 or Older 0.8

Types of Homes

TYPE OF Pottsboro HOMES
Single-Family 79.4
Townhomes 1.7
Small Apt. Buildings 5.1
Apt. Complexes 10.8
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Pottsboro HOMES
No Bedroom 0.00
1 Bedroom 6.49
2 Bedrooms 16.97
3 Bedrooms 58.31
4 Bedrooms 16.17
5 or more bedrooms 2.05

Popular Neighborhoods in Pottsboro

Zip Codes in Pottsboro, TX