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 about Scout's Real Estate Data
With 118,488 people, 39,298 houses or apartments, and a median cost of homes of $315,787, Sugar Land real estate is some of the most expensive in Texas, although Sugar Land home values aren't among America's most expensive.
Sugar Land is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Sugar Land 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 Sugar Land. Owner-occupied housing accounts for 81.07% of Sugar Land's homes, and 72.81% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sugar Land 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 Sugar Land built between 2000 and later ( 26.87%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.08%).
In the last 10 years, Sugar Land has experienced some of the highest home appreciation rates of any community in the nation. Sugar Land real estate appreciated 57.33% over the last ten years, which is an average annual home appreciation rate of 4.64%, putting Sugar Land in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sugar Land 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, Sugar Land appreciation rates have trailed the rest of the nation. In the last twelve months, Sugar Land's appreciation rate has been 3.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sugar Land were at 0.50%, which equates to an annual appreciation rate of 2.03%.
Notably, Sugar Land's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Sugar Land's latest annual appreciation rate is lower than 80% 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 Sugar Land differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sugar Land - 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 Sugar Land real estate investment or home purchase decisions.
High for Nation
Very High for TX
