San Augustine, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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San Augustine, 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

San Augustine Housing Market Information

With a population of 2,009, 672 total housing units (homes and apartments), and a median house value of $75,556, house prices in San Augustine 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 San Augustine, accounting for 71.03% of the city's housing units. Other types of housing that are prevalent in San Augustine include mobile homes or trailers ( 15.13%), duplexes, homes converted to apartments or other small apartment buildings ( 10.52%), and a few large apartment complexes or high rise apartments ( 2.58%).

The most prevalent building size and type in San Augustine are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.18% owning and 38.82% 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. San Augustine's housing was primarily built during this period, from the '40s through the '60s. A full 43.36% of the city's housing hails from this era. Other housing ages represented in San Augustine include homes built between 1970-1999 ( 38.75%) and housing constructed before 1939 ( 10.61%). There's also some housing in San Augustine built between 2000 and later ( 7.29%).

Vacant housing appears to be an issue in San Augustine. Fully 38.01% of the housing stock is classified as vacant. Left unchecked, vacant San Augustine homes and apartments can be a drag on the real estate market, holding San Augustine 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.

San Augustine Home Appreciation Rates

Appreciation rates for homes in San Augustine have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.01%, which ranks in the top 30% nationwide. This equates to an annual average San Augustine house appreciation rate of 1.14%.

NeighborhoodScout's data show that during the latest twelve months, San Augustine's appreciation rate, at 4.53%, has been at or slightly above the national average. In the latest quarter, San Augustine's appreciation rate has been 0.45%, which annualizes to a rate of 1.82%.

Relative to Texas, our data show that San Augustine's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$75,556

San Augustine, TX HOME PRICES

Value Range
> $1,098,000 0.0
$823,001 - $1,098,000 0.0
$549,001 - $823,000 2.6
$439,001 - $549,000 1.6
$329,001 - $439,000 0.9
$220,001 - $329,000 9.3
$110,001 - $220,000 8.0
$55,001 - $110,000 38.6
$0 - $55,000 39.0

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
92.8747216688152 86.0894941634241

Number Of Homes And Apartments:
672

San Augustine 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
51.75% 2.45% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$856 / per month

Homeownership Rate

Homeownership
Owners 61.18
Renters 38.82
Vacant 38.01

Housing Market Details

 

Age of Homes

AGE OF San Augustine HOMES
2000 or Newer 7.3
1970 - 1999 38.7
1940 - 1969 43.4
1939 or Older 10.6

Types of Homes

TYPE OF San Augustine HOMES
Single-Family 71.0
Townhomes 0.7
Small Apt. Buildings 10.5
Apt. Complexes 2.6
Mobile Homes 15.1
Other 0.0

Home Size

SIZE OF San Augustine HOMES
No Bedroom 2.58
1 Bedroom 10.33
2 Bedrooms 35.42
3 Bedrooms 37.55
4 Bedrooms 14.11
5 or more bedrooms 0.00

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Zip Codes in San Augustine, TX