San Elizario, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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San Elizario, 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 Elizario Housing Market Information

With a population of 8,999, 2,167 total housing units (homes and apartments), and a median house value of $64,426, house prices in San Elizario 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 Elizario, accounting for 56.21% of the town's housing units. Other types of housing that are prevalent in San Elizario include mobile homes or trailers ( 26.31%), duplexes, homes converted to apartments or other small apartment buildings ( 10.22%), and a few large apartment complexes or high rise apartments ( 5.36%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in San Elizario. Owner-occupied housing accounts for 66.08% of San Elizario's homes, and 59.21% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in San Elizario 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 San Elizario built between 2000 and later ( 36.44%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.22%). There's also some housing in San Elizario built before 1939 ( 1.56%).

San Elizario Home Appreciation Rates

Real estate appreciation rates in San Elizario's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.64% during the period.

Over the last year, San Elizario appreciation rates have trailed the rest of the nation. In the last twelve months, San Elizario's appreciation rate has been 3.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in San Elizario were at 0.83%, which equates to an annual appreciation rate of 3.36%.

Relative to Texas, our data show that San Elizario's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$64,426

San Elizario, TX HOME PRICES

Value Range
> $1,023,000 0.3
$767,001 - $1,023,000 0.0
$511,001 - $767,000 0.0
$409,001 - $511,000 0.2
$306,001 - $409,000 0.7
$205,001 - $306,000 0.5
$102,001 - $205,000 23.7
$51,001 - $102,000 34.9
$0 - $51,000 39.6

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
96.9588655806867 93.579766536965

Number Of Homes And Apartments:
2,167

San Elizario 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
38.49% 1.91% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$962 / per month

Homeownership Rate

Homeownership
Owners 66.08
Renters 33.92
Vacant 8.49

Housing Market Details

 

Age of Homes

AGE OF San Elizario HOMES
2000 or Newer 36.4
1970 - 1999 54.8
1940 - 1969 7.2
1939 or Older 1.6

Types of Homes

TYPE OF San Elizario HOMES
Single-Family 56.2
Townhomes 1.9
Small Apt. Buildings 10.2
Apt. Complexes 5.4
Mobile Homes 26.3
Other 0.0

Home Size

SIZE OF San Elizario HOMES
No Bedroom 2.62
1 Bedroom 8.07
2 Bedrooms 28.63
3 Bedrooms 41.22
4 Bedrooms 17.99
5 or more bedrooms 1.48

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Zip Codes in San Elizario, TX