Sugar Land, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Sugar Land Neighborhoods Since 2000




Sugar Land, 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

Sugar Land Housing Market Information

With 88,156 people, 27,587 houses or apartments, and a median cost of homes of $280,948, 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 81.19% of Sugar Land's homes, and 74.66% 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 ( 24.83%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.03%).

Sugar Land Home Appreciation Rates

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 44.69% over the last ten years, which is an average annual home appreciation rate of 3.76%, putting Sugar Land in the top 10% 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.

Appreciation rates are so strong in Sugar Land that despite a nationwide downturn in the housing market, Sugar Land real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sugar Land appreciation rates continue to be some of the highest in America, at 7.06%, which is higher than appreciation rates in 81.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sugar Land. Sugar Land 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 Sugar Land's latest annual appreciation rate is higher than 70% 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.

Average Home Values

 

Median Home Value:
$280,948

Sugar Land, TX HOME PRICES

Value Range
> $1,229,000 1.7
$922,001 - $1,229,000 2.1
$615,001 - $922,000 6.9
$492,001 - $615,000 9.7
$369,001 - $492,000 16.8
$246,001 - $369,000 29.7
$123,001 - $246,000 30.1
$61,001 - $123,000 2.0
$0 - $61,000 1.1

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
18.3757178014766 7.68482490272374

Number Of Homes And Apartments:
27,587

Sugar Land 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
78.79% 3.43% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,910 / per month

Homeownership Rate

Homeownership
Owners 81.19
Renters 18.81
Vacant 4.41

Housing Market Details

 

Age of Homes

AGE OF Sugar Land HOMES
2000 or Newer 24.8
1970 - 1999 71.3
1940 - 1969 3.0
1939 or Older 0.8

Types of Homes

TYPE OF Sugar Land HOMES
Single-Family 87.3
Townhomes 3.5
Small Apt. Buildings 0.9
Apt. Complexes 8.0
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Sugar Land HOMES
No Bedroom 0.17
1 Bedroom 3.57
2 Bedrooms 8.43
3 Bedrooms 31.66
4 Bedrooms 43.00
5 or more bedrooms 13.17