Texas
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Texas Real Estate Values & Housing Market 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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$161,383

Number Of Homes And Apartments:
9,289,554

Texas Home Prices

Value Range
> $1,252,979 1.0
$939,799 - $1,252,979 0.9
$626,587 - $939,798 2.5
$501,339 - $626,586 2.7
$375,974 - $501,338 6.0
$250,615 - $375,973 13.9
$125,384 - $250,614 35.8
$62,699 - $125,383 24.9
$0 - $62,698 12.4

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
2.47% 10.25%
6
Last 12 Months:
2017 Q2 - 2018 Q2
6.82% 6.82%
7
Last 2 Years:
2016 Q2 - 2018 Q2
16.02% 7.71%
9
Last 5 Years:
2013 Q2 - 2018 Q2
43.97% 7.56%
9
Last 10 Years:
2008 Q2 - 2018 Q2
47.47% 3.96%
10
Since 2000:
2000 Q1 - 2018 Q2
108.61% 4.11%
8
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,242 / per month

Homeownership Rate

Homeownership
Owners 60.49
Renters 39.51
Vacant 11.03

Housing Details

Age of Homes

AGE OF Texas HOMES
2000 or Newer 26.0
1970 - 1999 48.8
1940 - 1969 21.4
1939 or Older 3.8

Types of Homes

TYPE OF Texas HOMES
Single-Family 65.3
Townhomes 2.7
Small Apt. Buildings 5.1
Apt. Complexes 19.5
Mobile Homes 7.3
Other 0.2

Home Size

SIZE OF Texas HOMES
No Bedroom 2.03
1 Bedroom 12.63
2 Bedrooms 22.97
3 Bedrooms 41.32
4 Bedrooms 17.63
5 or more bedrooms 3.43