Seagoville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Seagoville, 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

Seagoville Housing Market Information

With 15,870 people, 4,278 houses or apartments, and a median cost of homes of $108,929, house prices in Seagoville are solidly below the national average.

Single-family detached homes are the single most common housing type in Seagoville, accounting for 67.33% of the city's housing units. Other types of housing that are prevalent in Seagoville include mobile homes or trailers ( 17.80%), duplexes, homes converted to apartments or other small apartment buildings ( 9.92%), and a few large apartment complexes or high rise apartments ( 3.82%).

The most prevalent building size and type in Seagoville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.73% owning and 38.27% renting.

There is a lot of housing in Seagoville 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 Seagoville built between 2000 and later ( 28.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.90%). There's also some housing in Seagoville built before 1939 ( 1.03%).

Seagoville Home Appreciation Rates

In the last 10 years, Seagoville has experienced some of the highest home appreciation rates of any community in the nation. Seagoville real estate appreciated 31.15% over the last ten years, which is an average annual home appreciation rate of 2.75%, putting Seagoville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Seagoville 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 Seagoville that despite a nationwide downturn in the housing market, Seagoville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seagoville appreciation rates continue to be some of the highest in America, at 13.93%, which is higher than appreciation rates in 99.02% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seagoville. Seagoville appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Seagoville 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 Seagoville's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$108,929

Seagoville, TX HOME PRICES

Value Range
> $1,288,000 0.3
$966,001 - $1,288,000 0.0
$644,001 - $966,000 0.0
$515,001 - $644,000 1.6
$386,001 - $515,000 5.1
$258,001 - $386,000 1.5
$129,001 - $258,000 21.4
$65,001 - $129,000 45.2
$0 - $65,000 24.9

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
72.0174616195945 57.8793774319066

Number Of Homes And Apartments:
4,278

Seagoville 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
56.35% 2.62% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,067 / per month

Homeownership Rate

Homeownership
Owners 61.73
Renters 38.27
Vacant 3.76

Housing Market Details

 

Age of Homes

AGE OF Seagoville HOMES
2000 or Newer 28.5
1970 - 1999 45.5
1940 - 1969 24.9
1939 or Older 1.0

Types of Homes

TYPE OF Seagoville HOMES
Single-Family 67.3
Townhomes 1.1
Small Apt. Buildings 9.9
Apt. Complexes 3.8
Mobile Homes 17.8
Other 0.0

Home Size

SIZE OF Seagoville HOMES
No Bedroom 0.72
1 Bedroom 4.68
2 Bedrooms 19.48
3 Bedrooms 61.91
4 Bedrooms 11.95
5 or more bedrooms 1.26

Popular Neighborhoods in Seagoville

Zip Codes in Seagoville, TX