Robstown, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Robstown, TX Real Estate 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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Robstown Housing Market Information

With 11,576 people, 3,542 houses or apartments, and a median cost of homes of $68,135, house prices in Robstown are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Robstown, accounting for 85.98% of the city's housing units. Other types of housing that are prevalent in Robstown include duplexes, homes converted to apartments or other small apartment buildings ( 8.33%), mobile homes or trailers ( 3.09%), and a few large apartment complexes or high rise apartments ( 1.39%).

The most prevalent building size and type in Robstown are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.68% owning and 44.32% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Robstown's housing was primarily built during this period, from the '40s through the '60s. A full 50.41% of the city's housing hails from this era. Other housing ages represented in Robstown include homes built between 1970-1999 ( 28.49%) and housing constructed between 2000 and later ( 11.54%). There's also some housing in Robstown built before 1939 ( 9.56%).

Vacant housing appears to be an issue in Robstown. Fully 16.40% of the housing stock is classified as vacant. Left unchecked, vacant Robstown homes and apartments can be a drag on the real estate market, holding Robstown real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Robstown Home Appreciation Rates

Appreciation rates for homes in Robstown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.96%, which ranks in the top 30% nationwide. This equates to an annual average Robstown house appreciation rate of 1.32%.

Over the last year, Robstown appreciation rates have trailed the rest of the nation. In the last twelve months, Robstown's appreciation rate has been -1.55%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Robstown were at -4.66%, which equates to an annual appreciation rate of -17.38%.

Notably, Robstown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Robstown's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$68,135

Robstown, TX HOME PRICES

Value Range
> $1,091,000 0.0
$819,001 - $1,091,000 0.0
$546,001 - $819,000 0.0
$436,001 - $546,000 0.0
$327,001 - $436,000 0.1
$218,001 - $327,000 1.7
$109,001 - $218,000 15.9
$55,001 - $109,000 32.1
$0 - $55,000 50.2

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
95.9568733153639 91.4396887159533

Number Of Homes And Apartments:
3,542

Robstown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
57.06% 2.65% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$969 / per month

Homeownership Rate

Homeownership
Owners 55.68
Renters 44.32
Vacant 16.40

Housing Market Details

 

Age of Homes

AGE OF Robstown HOMES
2000 or Newer 11.5
1970 - 1999 28.5
1940 - 1969 50.4
1939 or Older 9.6

Types of Homes

TYPE OF Robstown HOMES
Single-Family 86.0
Townhomes 1.2
Small Apt. Buildings 8.3
Apt. Complexes 1.4
Mobile Homes 3.1
Other 0.0

Home Size

SIZE OF Robstown HOMES
No Bedroom 1.77
1 Bedroom 8.35
2 Bedrooms 26.58
3 Bedrooms 45.86
4 Bedrooms 16.26
5 or more bedrooms 1.18

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Zip Codes in Robstown, TX