Sanger, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Sanger Neighborhoods Since 2000




Sanger, 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

Sanger Housing Market Information

With 7,747 people, 2,596 houses or apartments, and a median cost of homes of $151,490, Sanger real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Sanger, accounting for 81.59% of the city's housing units. Other types of housing that are prevalent in Sanger include large apartment complexes or high rise apartments ( 9.85%), mobile homes or trailers ( 5.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.93%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sanger. Owner-occupied housing accounts for 65.64% of Sanger's homes, and 73.03% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sanger 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 Sanger built between 2000 and later ( 35.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.54%). There's also some housing in Sanger built before 1939 ( 3.55%).

Sanger Home Appreciation Rates

In the last 10 years, Sanger has experienced some of the highest home appreciation rates of any community in the nation. Sanger real estate appreciated 22.58% over the last ten years, which is an average annual home appreciation rate of 2.06%, putting Sanger in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sanger definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Sanger that despite a nationwide downturn in the housing market, Sanger real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sanger appreciation rates continue to be some of the highest in America, at 8.69%, which is higher than appreciation rates in 89.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sanger. Sanger appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Sanger 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 Sanger's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$151,490

Sanger, TX HOME PRICES

Value Range
> $1,269,000 0.2
$952,001 - $1,269,000 0.3
$634,001 - $952,000 0.3
$508,001 - $634,000 1.7
$381,001 - $508,000 8.4
$254,001 - $381,000 9.8
$127,001 - $254,000 44.9
$63,001 - $127,000 26.6
$0 - $63,000 7.8

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
49.3378647603422 33.0739299610895

Number Of Homes And Apartments:
2,596

Sanger 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
40.42% 1.99% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,411 / per month

Homeownership Rate

Homeownership
Owners 65.64
Renters 34.36
Vacant 7.02

Housing Market Details

 

Age of Homes

AGE OF Sanger HOMES
2000 or Newer 35.2
1970 - 1999 48.7
1940 - 1969 12.5
1939 or Older 3.5

Types of Homes

TYPE OF Sanger HOMES
Single-Family 81.6
Townhomes 0.9
Small Apt. Buildings 1.9
Apt. Complexes 9.8
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Sanger HOMES
No Bedroom 0.79
1 Bedroom 4.84
2 Bedrooms 20.92
3 Bedrooms 58.02
4 Bedrooms 15.01
5 or more bedrooms 0.43

Popular Neighborhoods in Sanger

Zip Codes in Sanger, TX