Seabrook, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Seabrook, TX Real Estate Data


Seabrook Housing Market Information

With a population of 13,716, 4,856 total housing units (homes and apartments), and a median house value of $222,863, Seabrook real estate is some of the most expensive in Texas, although Seabrook home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Seabrook, accounting for 59.04% of the city's housing units. Other types of housing that are prevalent in Seabrook include large apartment complexes or high rise apartments ( 33.56%), duplexes, homes converted to apartments or other small apartment buildings ( 5.20%), and a few row houses and other attached homes ( 1.96%).

The most prevalent building size and type in Seabrook are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.40% owning and 36.60% renting.

There is a lot of housing in Seabrook 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 Seabrook built between 2000 and later ( 26.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.04%).

Vacant housing appears to be an issue in Seabrook. Fully 11.68% of the housing stock is classified as vacant. Left unchecked, vacant Seabrook homes and apartments can be a drag on the real estate market, holding Seabrook 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.

Seabrook Home Appreciation Rates

In the last 10 years, Seabrook has experienced some of the highest home appreciation rates of any community in the nation. Seabrook real estate appreciated 27.46% over the last ten years, which is an average annual home appreciation rate of 2.46%, putting Seabrook in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Seabrook definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Seabrook appreciation rates have trailed the rest of the nation. In the last twelve months, Seabrook's appreciation rate has been 4.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seabrook were at 1.83%, which equates to an annual appreciation rate of 7.53%.

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

Average Home Values

 

Median Home Value:
$222,863

Seabrook, TX HOME PRICES

Value Range
> $1,221,000 0.0
$916,001 - $1,221,000 1.6
$610,001 - $916,000 4.1
$489,001 - $610,000 2.8
$366,001 - $489,000 4.7
$244,001 - $366,000 25.6
$122,001 - $244,000 49.6
$61,001 - $122,000 7.0
$0 - $61,000 4.5

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
28.0025765649704 13.1067961165049

Number Of Homes And Apartments:
4,856

Rent & Ownership

 

Average Market Rent:
$1,208 / per month

Homeownership Rate

Homeownership
Owners 63.40
Renters 36.60
Vacant 11.68

Housing Market Details

 

Age of Homes

AGE OF Seabrook HOMES
2000 or Newer 26.9
1970 - 1999 62.1
1940 - 1969 11.0
1939 or Older 0.0

Types of Homes

TYPE OF Seabrook HOMES
Single-Family 59.0
Townhomes 2.0
Small Apt. Buildings 5.2
Apt. Complexes 33.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Seabrook HOMES
No Bedroom 1.22
1 Bedroom 19.37
2 Bedrooms 23.03
3 Bedrooms 21.19
4 Bedrooms 24.34
5 or more bedrooms 10.86

Seabrook 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
63.36% 2.93% 4 8
* 10 is highest