San Juan, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating San Juan Neighborhoods Since 2000




San Juan, TX Real Estate Data


San Juan Housing Market Information

With a population of 36,556, 8,908 total housing units (homes and apartments), and a median house value of $83,456, house prices in San Juan 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 Juan, accounting for 81.62% of the city's housing units. Other types of housing that are prevalent in San Juan include mobile homes or trailers ( 7.46%), duplexes, homes converted to apartments or other small apartment buildings ( 5.09%), and a few large apartment complexes or high rise apartments ( 4.45%).

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 75.33% of San Juan's homes, and 70.41% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in San Juan 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 Juan built between 2000 and later ( 37.70%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.81%). There's also some housing in San Juan built before 1939 ( 1.60%).

San Juan Home Appreciation Rates

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 10.23%, which ranks in the top 40% nationwide. This equates to an annual average San Juan house appreciation rate of 0.98%.

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 8.95%, which is higher than appreciation rates in 95.43% 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 3.28%, which equates to an annual appreciation rate of 13.76%.

Importantly, this makes San Juan 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 San Juan's latest annual appreciation rate is higher than 80% 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.

Average Home Values

 

Median Home Value:
$83,456

San Juan, TX HOME PRICES

Value Range
> $1,138,000 0.2
$853,001 - $1,138,000 0.0
$569,001 - $853,000 0.3
$455,001 - $569,000 0.8
$341,001 - $455,000 0.6
$227,001 - $341,000 2.8
$114,001 - $227,000 22.9
$57,001 - $114,000 46.0
$0 - $57,000 26.4

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
89.2545529074193 82.3300970873786

Number Of Homes And Apartments:
8,908

Rent & Ownership

 

Average Market Rent:
$671 / per month

Homeownership Rate

Homeownership
Owners 75.33
Renters 24.67
Vacant 7.98

Housing Market Details

 

Age of Homes

AGE OF San Juan HOMES
2000 or Newer 37.7
1970 - 1999 51.9
1940 - 1969 8.8
1939 or Older 1.6

Types of Homes

TYPE OF San Juan HOMES
Single-Family 81.6
Townhomes 1.2
Small Apt. Buildings 5.1
Apt. Complexes 4.5
Mobile Homes 7.5
Other 0.2

Home Size

SIZE OF San Juan HOMES
No Bedroom 2.44
1 Bedroom 3.94
2 Bedrooms 21.62
3 Bedrooms 55.63
4 Bedrooms 14.77
5 or more bedrooms 1.60

San Juan 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
33.19% 1.70% 1 4
* 10 is highest