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 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:
$167,664

Number Of Homes And Apartments:
9,430,419

Texas Home Prices

Value Range
> $1,243,126 1.1
$932,405 - $1,243,126 1.0
$621,609 - $932,404 2.9
$497,159 - $621,608 3.1
$372,931 - $497,158 6.8
$248,500 - $372,930 14.9
$124,269 - $248,499 35.2
$62,102 - $124,268 23.4
$0 - $62,101 11.6

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q1 - 2019 Q2
1.83% 7.50%
5
Last 12 Months:
2018 Q2 - 2019 Q2
5.20% 5.20%
7
Last 2 Years:
2017 Q2 - 2019 Q2
12.67% 6.15%
7
Last 5 Years:
2014 Q2 - 2019 Q2
40.50% 7.04%
9
Last 10 Years:
2009 Q2 - 2019 Q2
53.94% 4.41%
10
Since 2000:
2000 Q1 - 2019 Q2
118.50% 4.14%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,279 / 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