Shavano Park, TX Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Shavano Park, TX Housing Market Trends

With 3,979 people, 1,282 houses or apartments, and a median cost of homes of $835,040, 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 94.31% of Shavano Park's homes, and 74.89% 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 ( 30.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.29%).

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 63.81% over the last ten years, which is an average annual home appreciation rate of 5.06%, putting Shavano Park in the top 20% 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.

Over the last year, Shavano Park appreciation rates have trailed the rest of the nation. In the last twelve months, Shavano Park's appreciation rate has been 4.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Shavano Park were at 1.68%, which equates to an annual appreciation rate of 6.87%.

Relative to Texas, our data show that Shavano Park's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$835,040

Shavano Park, TX HOME PRICES

> $1,235,000
14.2%
14.2%
$926,001 - $1,235,000
17.8%
17.8%
$617,001 - $926,000
31.4%
31.4%
$494,001 - $617,000
6.5%
6.5%
$370,001 - $494,000
14.1%
14.1%
$247,001 - $370,000
11.0%
11.0%
$123,001 - $247,000
3.4%
3.4%
$62,001 - $123,000
1.1%
1.1%
$0 - $62,000
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for TX

Value Relative To Nation

Number Of Homes And Apartments:
1,282

Shavano Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
158.10% 4.62%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,787 / per month

Homeownership Rate

Owners
94.3%
94.3%
Renters
5.7%
5.7%
Vacant
6.4%
6.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
30.3%
30.3%
1970 - 1999
49.1%
49.1%
1940 - 1969
20.3%
20.3%
1939 or Older
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
99.8%
99.8%
Townhomes
0.2%
0.2%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
0.0%
0.0%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
0.9%
0.9%
2 Bedrooms
1.2%
1.2%
3 Bedrooms
39.1%
39.1%
4 Bedrooms
35.8%
35.8%
5 or more bedrooms
23.1%
23.1%
0.0% 100.0%
% OF HOMES