Shavano Park, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Shavano Park Neighborhoods Since 2000




Shavano Park, 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

Shavano Park Housing Market Information

With a population of 3,527, 1,195 total housing units (homes and apartments), and a median house value of $764,892, Shavano Park house prices are not only among the most expensive in Texas, Shavano Park real estate also is some of the most expensive in all of America.

Shavano Park is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Shavano Park than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shavano Park. Owner-occupied housing accounts for 94.73% of Shavano Park's homes, and 70.87% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Shavano Park 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 Shavano Park built between 2000 and later ( 33.41%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.84%).

Shavano Park Home Appreciation Rates

In the last 10 years, Shavano Park has experienced some of the highest home appreciation rates of any community in the nation. Shavano Park real estate appreciated 42.89% over the last ten years, which is an average annual home appreciation rate of 3.63%, putting Shavano Park in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Shavano Park 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 Shavano Park that despite a nationwide downturn in the housing market, Shavano Park real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Shavano Park appreciation rates continue to be some of the highest in America, at 8.42%, which is higher than appreciation rates in 88.60% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Shavano Park. Shavano Park 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 Shavano Park's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$764,892

Shavano Park, TX HOME PRICES

Value Range
> $1,262,000 11.7
$947,001 - $1,262,000 13.2
$631,001 - $947,000 28.7
$505,001 - $631,000 7.7
$379,001 - $505,000 9.0
$253,001 - $379,000 16.6
$127,001 - $253,000 9.5
$63,001 - $127,000 2.3
$0 - $63,000 1.4

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
2.17977264736904 1.36186770428016

Number Of Homes And Apartments:
1,195

Shavano Park 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
105.25% 4.26% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,145 / per month

Homeownership Rate

Homeownership
Owners 94.73
Renters 5.27
Vacant 6.93

Housing Market Details

 

Age of Homes

AGE OF Shavano Park HOMES
2000 or Newer 33.4
1970 - 1999 41.7
1940 - 1969 24.8
1939 or Older 0.0

Types of Homes

TYPE OF Shavano Park HOMES
Single-Family 99.0
Townhomes 1.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Shavano Park HOMES
No Bedroom 0.00
1 Bedroom 0.47
2 Bedrooms 6.31
3 Bedrooms 37.38
4 Bedrooms 33.49
5 or more bedrooms 22.35