Seabrook TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Seabrook, 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Seabrook Housing Market Information

With a population of 14,291, 5,474 total housing units (homes and apartments), and a median house value of $316,574, 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 55.69% of the city's housing units. Other types of housing that are prevalent in Seabrook include large apartment complexes or high rise apartments ( 38.61%), row houses and other attached homes ( 3.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.77%).

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 55.33% owning and 44.67% 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 ( 27.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.75%). There's also some housing in Seabrook built before 1939 ( 1.04%).

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 51.09% over the last ten years, which is an average annual home appreciation rate of 4.21%, 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.

Appreciation rates are so strong in Seabrook that despite a nationwide downturn in the housing market, Seabrook real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seabrook appreciation rates continue to be some of the highest in America, at 5.62%, which is higher than appreciation rates in 75.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seabrook. Seabrook appreciation rates in the latest quarter were at 1.33%, which equates to an annual appreciation rate of 5.45%.

Relative to Texas, our data show that Seabrook's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$316,574

Seabrook, TX HOME PRICES

Value Range
> $1,286,000 0.7
$964,001 - $1,286,000 1.5
$643,001 - $964,000 2.3
$514,001 - $643,000 2.9
$386,001 - $514,000 16.4
$257,001 - $386,000 33.3
$129,001 - $257,000 32.5
$64,001 - $129,000 7.5
$0 - $64,000 2.9

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
19.348905109489 8.38991270611057

Number Of Homes And Apartments:
5,474

Seabrook Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
105.98% 3.59%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,350 / per month

Homeownership Rate

Homeownership
Owners 55.33
Renters 44.67
Vacant 8.54

Housing Market Details

 

Age of Homes

AGE OF Seabrook HOMES
2000 or Newer 27.8
1970 - 1999 56.4
1940 - 1969 14.8
1939 or Older 1.0

Types of Homes

TYPE OF Seabrook HOMES
Single-Family 55.7
Townhomes 3.4
Small Apt. Buildings 1.8
Apt. Complexes 38.6
Mobile Homes 0.4
Other 0.2

Home Size

SIZE OF Seabrook HOMES
No Bedroom 1.39
1 Bedroom 23.64
2 Bedrooms 19.93
3 Bedrooms 22.04
4 Bedrooms 23.59
5 or more bedrooms 9.41