Stafford, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Stafford Neighborhoods Since 2000




Stafford, TX Real Estate Data


Stafford Housing Market Information

With a population of 18,459, 6,779 total housing units (homes and apartments), and a median house value of $198,688, Stafford real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Stafford, accounting for 51.41% of the city's housing units. Other types of housing that are prevalent in Stafford include large apartment complexes or high rise apartments ( 41.05%), mobile homes or trailers ( 3.94%), and a few row houses and other attached homes ( 2.31%).

The most prevalent building size and type in Stafford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.99% owning and 58.01% renting.

There is a lot of housing in Stafford 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 Stafford built between 2000 and later ( 19.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.65%).

Stafford Home Appreciation Rates

In the last 10 years, Stafford has experienced some of the highest home appreciation rates of any community in the nation. Stafford real estate appreciated 26.30% over the last ten years, which is an average annual home appreciation rate of 2.36%, putting Stafford in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stafford definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Stafford's appreciation rate, at 5.05%, has been at or slightly above the national average. In the latest quarter, Stafford's appreciation rate has been 1.83%, which annualizes to a rate of 7.53%.

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

Average Home Values

 

Median Home Value:
$198,688

Stafford, TX HOME PRICES

Value Range
> $1,257,000 0.2
$943,001 - $1,257,000 0.2
$629,001 - $943,000 0.1
$503,001 - $629,000 0.5
$377,001 - $503,000 2.2
$251,001 - $377,000 25.4
$126,001 - $251,000 54.8
$63,001 - $126,000 11.2
$0 - $63,000 5.3

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
33.5363354219125 19.0291262135922

Number Of Homes And Apartments:
6,779

Rent & Ownership

 

Average Market Rent:
$1,324 / per month

Homeownership Rate

Homeownership
Owners 41.99
Renters 58.01
Vacant 6.89

Housing Market Details

 

Age of Homes

AGE OF Stafford HOMES
2000 or Newer 19.5
1970 - 1999 71.4
1940 - 1969 8.7
1939 or Older 0.4

Types of Homes

TYPE OF Stafford HOMES
Single-Family 51.4
Townhomes 2.3
Small Apt. Buildings 1.0
Apt. Complexes 41.1
Mobile Homes 3.9
Other 0.3

Home Size

SIZE OF Stafford HOMES
No Bedroom 2.16
1 Bedroom 18.83
2 Bedrooms 23.27
3 Bedrooms 33.84
4 Bedrooms 19.48
5 or more bedrooms 2.43

Stafford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
60.37% 2.82% 4 7
* 10 is highest