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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$170,885

Number Of Homes And Apartments:
9,562,772

Texas Home Prices

Value Range
> $1,265,263 1.1
$948,899 - $1,265,263 1.0
$632,691 - $948,898 2.9
$506,063 - $632,690 3.1
$379,615 - $506,062 6.8
$253,047 - $379,614 14.9
$126,544 - $253,046 35.2
$63,252 - $126,543 23.4
$0 - $63,251 11.6

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q2 - 2019 Q3
1.17% 4.78%
7
Last 12 Months:
2018 Q3 - 2019 Q3
4.95% 4.95%
7
Last 2 Years:
2017 Q3 - 2019 Q3
12.12% 5.89%
8
Last 5 Years:
2014 Q3 - 2019 Q3
39.79% 6.93%
9
Last 10 Years:
2009 Q3 - 2019 Q3
57.33% 4.64%
10
Since 2000:
2000 Q1 - 2019 Q3
121.12% 4.15%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,300 / per month

Homeownership Rate

Homeownership
Owners 60.68
Renters 39.32
Vacant 11.13

Housing Details

Age of Homes

AGE OF Texas HOMES
2000 or Newer 27.2
1970 - 1999 48.0
1940 - 1969 21.0
1939 or Older 3.7

Types of Homes

TYPE OF Texas HOMES
Single-Family 65.3
Townhomes 2.6
Small Apt. Buildings 5.1
Apt. Complexes 19.5
Mobile Homes 7.3
Other 0.2

Home Size

SIZE OF Texas HOMES
No Bedroom 2.10
1 Bedroom 12.58
2 Bedrooms 22.73
3 Bedrooms 41.18
4 Bedrooms 17.88
5 or more bedrooms 3.53