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 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:
$159,149

Number Of Homes And Apartments:
9,289,554

Texas Home Prices

Value Range
> $1,236,438 1.0
$927,395 - $1,236,438 0.9
$618,192 - $927,394 2.5
$494,489 - $618,191 2.7
$370,931 - $494,488 6.0
$247,272 - $370,930 13.9
$123,671 - $247,271 35.8
$61,860 - $123,670 24.9
$0 - $61,859 12.4

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
1.17% 4.78%
6
Last 12 Months:
2017 Q1 - 2018 Q1
7.67% 7.67%
8
Last 2 Years:
2016 Q1 - 2018 Q1
16.11% 7.76%
9
Last 5 Years:
2013 Q1 - 2018 Q1
42.80% 7.39%
8
Last 10 Years:
2008 Q1 - 2018 Q1
44.02% 3.72%
10
Since 2000:
2000 Q1 - 2018 Q1
103.29% 4.02%
8
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,207 / 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