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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 27,864, 9,557 total housing units (homes and apartments), and a median house value of $122,943, house prices in Seguin are solidly below the national average.
Single-family detached homes are the single most common housing type in Seguin, accounting for 71.57% of the city's housing units. Other types of housing that are prevalent in Seguin include large apartment complexes or high rise apartments ( 13.19%), duplexes, homes converted to apartments or other small apartment buildings ( 8.61%), and a few mobile homes or trailers ( 5.13%).
The most prevalent building size and type in Seguin are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.59% owning and 41.41% renting.
There is a lot of housing in Seguin 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 Seguin built between 1940-1969 ( 31.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.22%). There's also some housing in Seguin built before 1939 ( 6.53%).
Vacant housing appears to be an issue in Seguin. Fully 10.99% of the housing stock is classified as vacant. Left unchecked, vacant Seguin homes and apartments can be a drag on the real estate market, holding Seguin 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.
In the last 10 years, Seguin has experienced some of the highest home appreciation rates of any community in the nation. Seguin real estate appreciated 33.09% over the last ten years, which is an average annual home appreciation rate of 2.90%, putting Seguin in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Seguin 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 Seguin that despite a nationwide downturn in the housing market, Seguin real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seguin appreciation rates continue to be some of the highest in America, at 7.61%, which is higher than appreciation rates in 84.74% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seguin. Seguin appreciation rates in the latest quarter were at 0.94%, which equates to an annual appreciation rate of 3.83%.
Relative to Texas, our data show that Seguin's latest annual appreciation rate is higher than 70% 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 Seguin differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Seguin - 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 Seguin real estate investment or home purchase decisions.
|$944,001 - $1,259,000||0.1|
|$629,001 - $944,000||0.7|
|$504,001 - $629,000||1.2|
|$378,001 - $504,000||3.3|
|$252,001 - $378,000||5.3|
|$126,001 - $252,000||30.8|
|$63,001 - $126,000||38.3|
|$0 - $63,000||20.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Seguin HOMES|
|2000 or Newer||20.2|
|1970 - 1999||41.4|
|1940 - 1969||31.8|
|1939 or Older||6.5|
|TYPE OF Seguin HOMES|
|Small Apt. Buildings||8.6|
|SIZE OF Seguin HOMES|
|5 or more bedrooms||1.93|