Texas
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






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 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:
$176,645

Number Of Homes And Apartments:
9,553,046

Texas Home Prices

Value Range
> $1,220,160 1.2
$915,081 - $1,220,160 1.1
$610,055 - $915,080 3.3
$487,972 - $610,054 3.6
$366,018 - $487,971 7.7
$244,001 - $366,017 16.2
$122,001 - $244,000 34.6
$61,001 - $122,000 21.6
$0 - $61,000 10.7

Texas Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q1 - 2020 Q2
0.55% 2.23%
4
Last 12 Months:
2019 Q2 - 2020 Q2
3.60% 3.60%
4
Last 2 Years:
2018 Q2 - 2020 Q2
8.83% 4.32%
6
Last 5 Years:
2015 Q2 - 2020 Q2
34.31% 6.08%
8
Last 10 Years:
2010 Q2 - 2020 Q2
60.67% 4.86%
8
Since 2000:
2000 Q1 - 2020 Q2
123.97% 4.06%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,282 / 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