Rockdale, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Rockdale, TX Real Estate Data


Rockdale Housing Market Information

With a population of 5,609, 2,135 total housing units (homes and apartments), and a median house value of $87,564, house prices in Rockdale are solidly below the national average.

Single-family detached homes are the single most common housing type in Rockdale, accounting for 64.77% of the city's housing units. Other types of housing that are prevalent in Rockdale include mobile homes or trailers ( 11.46%), large apartment complexes or high rise apartments ( 10.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.35%).

The most prevalent building size and type in Rockdale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.24% owning and 47.76% renting.

There is a lot of housing in Rockdale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rockdale built between 1940-1969 ( 39.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.65%). There's also some housing in Rockdale built before 1939 ( 3.97%).

Vacant housing appears to be an issue in Rockdale. Fully 12.64% of the housing stock is classified as vacant. Left unchecked, vacant Rockdale homes and apartments can be a drag on the real estate market, holding Rockdale 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.

Rockdale Home Appreciation Rates

Appreciation rates for homes in Rockdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 16.88%, which ranks in the top 30% nationwide. This equates to an annual average Rockdale house appreciation rate of 1.57%.

NeighborhoodScout's data show that during the latest twelve months, Rockdale's appreciation rate, at 5.15%, has been at or slightly above the national average. In the latest quarter, Rockdale's appreciation rate has been 3.64%, which annualizes to a rate of 15.39%.

Importantly, this makes Rockdale one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Rockdale's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$87,564

Rockdale, TX HOME PRICES

Value Range
> $1,094,000 0.0
$820,001 - $1,094,000 0.0
$547,001 - $820,000 0.0
$438,001 - $547,000 0.0
$328,001 - $438,000 0.5
$219,001 - $328,000 10.4
$109,001 - $219,000 22.5
$54,001 - $109,000 31.6
$0 - $54,000 34.9

Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
86.8302395034257 77.378640776699

Number Of Homes And Apartments:
2,135

Rent & Ownership

 

Average Market Rent:
$893 / per month

Homeownership Rate

Homeownership
Owners 52.24
Renters 47.76
Vacant 12.64

Housing Market Details

 

Age of Homes

AGE OF Rockdale HOMES
2000 or Newer 5.6
1970 - 1999 50.7
1940 - 1969 39.7
1939 or Older 4.0

Types of Homes

TYPE OF Rockdale HOMES
Single-Family 64.8
Townhomes 3.0
Small Apt. Buildings 10.4
Apt. Complexes 10.4
Mobile Homes 11.5
Other 0.0

Home Size

SIZE OF Rockdale HOMES
No Bedroom 2.78
1 Bedroom 13.01
2 Bedrooms 30.52
3 Bedrooms 43.94
4 Bedrooms 9.74
5 or more bedrooms 0.00

Rockdale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
33.83% 1.73% 1 4
* 10 is highest

Popular Neighborhoods in Rockdale

Zip Codes in Rockdale, TX