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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 35,782, 9,938 total housing units (homes and apartments), and a median house value of $171,222, house prices in San Juan are solidly below the national average.
Single-family detached homes are the single most common housing type in San Juan, accounting for 79.62% of the city's housing units. Other types of housing that are prevalent in San Juan include mobile homes or trailers ( 9.96%), duplexes, homes converted to apartments or other small apartment buildings ( 5.15%), and a few large apartment complexes or high rise apartments ( 3.43%).
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 Juan. Owner-occupied housing accounts for 77.56% of San Juan's homes, and 70.95% have either three or four bedrooms, which is average sized relative to America.
San Juan homes and real estate are some of the newest in America. 46.85% of San Juan's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the San Juan real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.87%), and between 1940-1969 ( 8.65%).
Appreciation rates for homes in San Juan have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.03%, which ranks in the top 30% nationwide. This equates to an annual average San Juan house appreciation rate of 7.44%.
Appreciation rates are so strong in San Juan that despite a nationwide downturn in the housing market, San Juan real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, San Juan appreciation rates continue to be some of the highest in America, at 13.09%, which is higher than appreciation rates in 99.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in San Juan. San Juan appreciation rates in the latest quarter were at 1.87%, which equates to an annual appreciation rate of 7.68%.
Relative to Texas, our data show that San Juan's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within San Juan differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Juan - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best San Juan real estate investment or home purchase decisions.
$171,222
for Texas
for nation
9,938
$1,466 / per month