Stafford, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Stafford Neighborhoods Since 2000




Stafford, 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

Stafford Housing Market Information

With 18,459 people, 6,805 houses or apartments, and a median cost of homes of $190,192, 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 52.28% of the city's housing units. Other types of housing that are prevalent in Stafford include large apartment complexes or high rise apartments ( 39.94%), mobile homes or trailers ( 3.62%), and a few row houses and other attached homes ( 2.53%).

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 45.66% owning and 54.34% 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 ( 16.15%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.05%).

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 26.05% over the last ten years, which is an average annual home appreciation rate of 2.34%, putting Stafford in the top 10% 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.

Appreciation rates are so strong in Stafford that despite a nationwide downturn in the housing market, Stafford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stafford appreciation rates continue to be some of the highest in America, at 6.41%, which is higher than appreciation rates in 77.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stafford. Stafford appreciation rates in the latest quarter were at -0.09%, which equates to an annual appreciation rate of -0.38%.

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

Average Home Values

 

Median Home Value:
$190,192

Stafford, TX HOME PRICES

Value Range
> $1,236,000 0.2
$927,001 - $1,236,000 0.2
$618,001 - $927,000 0.2
$495,001 - $618,000 0.5
$371,001 - $495,000 3.3
$247,001 - $371,000 25.1
$124,001 - $247,000 52.5
$62,001 - $124,000 13.5
$0 - $62,000 4.4

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
34.8998007734677 19.7470817120623

Number Of Homes And Apartments:
6,805

Stafford 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
64.35% 2.92% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,366 / per month

Homeownership Rate

Homeownership
Owners 45.66
Renters 54.34
Vacant 5.98

Housing Market Details

 

Age of Homes

AGE OF Stafford HOMES
2000 or Newer 16.2
1970 - 1999 76.5
1940 - 1969 7.0
1939 or Older 0.3

Types of Homes

TYPE OF Stafford HOMES
Single-Family 52.3
Townhomes 2.5
Small Apt. Buildings 1.4
Apt. Complexes 39.9
Mobile Homes 3.6
Other 0.2

Home Size

SIZE OF Stafford HOMES
No Bedroom 2.24
1 Bedroom 19.11
2 Bedrooms 22.19
3 Bedrooms 33.43
4 Bedrooms 20.42
5 or more bedrooms 2.61