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 Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$174,058

Number Of Homes And Apartments:
9,553,046

Texas Home Prices

Value Range
> $1,203,898 1.2
$902,947 - $1,203,898 1.1
$601,893 - $902,946 3.3
$481,540 - $601,892 3.6
$361,123 - $481,539 7.7
$240,768 - $361,122 16.2
$120,367 - $240,767 34.6
$60,211 - $120,366 21.6
$0 - $60,210 10.7

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q4 - 2020 Q1
0.71% 2.89%
5
Last 12 Months:
2019 Q1 - 2020 Q1
4.78% 4.78%
5
Last 2 Years:
2018 Q1 - 2020 Q1
10.98% 5.35%
7
Last 5 Years:
2015 Q1 - 2020 Q1
37.39% 6.56%
8
Last 10 Years:
2010 Q1 - 2020 Q1
60.35% 4.84%
9
Since 2000:
2000 Q1 - 2020 Q1
123.33% 4.10%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,272 / per month

Homeownership Rate

Homeownership
Owners 60.61
Renters 39.39
Vacant 11.30

Housing Details

Age of Homes

AGE OF Texas HOMES
2000 or Newer 28.5
1970 - 1999 47.3
1940 - 1969 20.6
1939 or Older 3.6

Types of Homes

TYPE OF Texas HOMES
Single-Family 65.2
Townhomes 2.6
Small Apt. Buildings 5.1
Apt. Complexes 19.7
Mobile Homes 7.2
Other 0.2

Home Size

SIZE OF Texas HOMES
No Bedroom 2.15
1 Bedroom 12.60
2 Bedrooms 22.58
3 Bedrooms 40.97
4 Bedrooms 18.09
5 or more bedrooms 3.61