Texas
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Texas Real Estate Market & Appreciation

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$186,441

Number Of Homes And Apartments:
9,691,647

Texas Home Prices

> $1,194,575
1.3%
1.3%
$895,758 - $1,194,575
1.2%
1.2%
$597,185 - $895,757
3.7%
3.7%
$477,784 - $597,184
4.1%
4.1%
$358,359 - $477,783
8.5%
8.5%
$238,909 - $358,358
17.7%
17.7%
$119,432 - $238,908
34.0%
34.0%
$59,722 - $119,431
19.7%
19.7%
$0 - $59,721
9.8%
9.8%
0.0% 100.0%
% OF HOMES

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q4 - 2021 Q1
2.15% 8.86%
6
Last 12 Months:
2020 Q1 - 2021 Q1
6.75% 6.75%
4
Last 2 Years:
2019 Q1 - 2021 Q1
12.04% 5.85%
5
Last 5 Years:
2016 Q1 - 2021 Q1
35.04% 6.19%
8
Last 10 Years:
2011 Q1 - 2021 Q1
71.14% 5.52%
8
Since 2000:
2000 Q1 - 2021 Q1
135.67% 4.17%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,331 / per month

Homeownership Rate

Owners
60.6%
60.6%
Renters
39.4%
39.4%
Vacant
11.4%
11.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
29.7%
29.7%
1970 - 1999
46.6%
46.6%
1940 - 1969
20.2%
20.2%
1939 or Older
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
65.1%
65.1%
Townhomes
2.6%
2.6%
Small Apt. Buildings
5.1%
5.1%
Apt. Complexes
20.0%
20.0%
Mobile Homes
7.1%
7.1%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.3%
2.3%
1 Bedroom
12.6%
12.6%
2 Bedrooms
22.3%
22.3%
3 Bedrooms
40.8%
40.8%
4 Bedrooms
18.3%
18.3%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES