Taylor, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Taylor Neighborhoods Since 2000




Taylor, 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

Taylor Housing Market Information

With 16,702 people, 5,457 houses or apartments, and a median cost of homes of $148,914, Taylor real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Taylor, accounting for 76.59% of the city's housing units. Other types of housing that are prevalent in Taylor include duplexes, homes converted to apartments or other small apartment buildings ( 8.84%), large apartment complexes or high rise apartments ( 8.19%), and a few mobile homes or trailers ( 4.93%).

The most prevalent building size and type in Taylor are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.46% owning and 42.54% renting.

There is a lot of housing in Taylor 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 Taylor built between 1940-1969 ( 24.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.32%). There's also some housing in Taylor built before 1939 ( 13.62%).

Taylor Home Appreciation Rates

In the last 10 years, Taylor has experienced some of the highest home appreciation rates of any community in the nation. Taylor real estate appreciated 28.03% over the last ten years, which is an average annual home appreciation rate of 2.50%, putting Taylor in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Taylor 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 Taylor that despite a nationwide downturn in the housing market, Taylor real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Taylor appreciation rates continue to be some of the highest in America, at 9.13%, which is higher than appreciation rates in 91.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Taylor. Taylor appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.88%.

Relative to Texas, our data show that Taylor's latest annual appreciation rate is higher 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 Taylor differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Taylor - 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 Taylor real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$148,914

Taylor, TX HOME PRICES

Value Range
> $1,279,000 0.0
$959,001 - $1,279,000 0.0
$639,001 - $959,000 0.6
$511,001 - $639,000 0.6
$384,001 - $511,000 2.0
$256,001 - $384,000 6.9
$128,001 - $256,000 48.1
$64,001 - $128,000 32.8
$0 - $64,000 9.0

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
50.4922067268253 34.3385214007782

Number Of Homes And Apartments:
5,457

Taylor 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
50.00% 2.38% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,080 / per month

Homeownership Rate

Homeownership
Owners 57.46
Renters 42.54
Vacant 8.47

Housing Market Details

 

Age of Homes

AGE OF Taylor HOMES
2000 or Newer 16.3
1970 - 1999 45.9
1940 - 1969 24.1
1939 or Older 13.6

Types of Homes

TYPE OF Taylor HOMES
Single-Family 76.6
Townhomes 1.5
Small Apt. Buildings 8.8
Apt. Complexes 8.2
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Taylor HOMES
No Bedroom 1.63
1 Bedroom 7.51
2 Bedrooms 31.23
3 Bedrooms 46.09
4 Bedrooms 11.98
5 or more bedrooms 1.56