Trophy Club, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Trophy Club Neighborhoods Since 2000




Trophy Club, 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

Trophy Club Housing Market Information

With 11,759 people, 3,490 houses or apartments, and a median cost of homes of $418,189, Trophy Club house prices are not only among the most expensive in Texas, Trophy Club real estate also is some of the most expensive in all of America.

Trophy Club is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Trophy Club 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 Trophy Club. Owner-occupied housing accounts for 94.10% of Trophy Club's homes, and 78.12% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Trophy Club 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 Trophy Club built between 2000 and later ( 41.48%). A lesser amount of the housing stock also hails from between 1940-1969 ( 0.61%).

Trophy Club Home Appreciation Rates

In the last 10 years, Trophy Club has experienced some of the highest home appreciation rates of any community in the nation. Trophy Club real estate appreciated 49.32% over the last ten years, which is an average annual home appreciation rate of 4.09%, putting Trophy Club in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Trophy Club 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 Trophy Club that despite a nationwide downturn in the housing market, Trophy Club real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Trophy Club appreciation rates continue to be some of the highest in America, at 8.89%, which is higher than appreciation rates in 90.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Trophy Club. Trophy Club appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Trophy Club one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Texas, our data show that Trophy Club's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$418,189

Trophy Club, TX HOME PRICES

Value Range
> $1,304,000 2.8
$978,001 - $1,304,000 4.0
$652,001 - $978,000 7.8
$521,001 - $652,000 12.1
$391,001 - $521,000 29.4
$261,001 - $391,000 26.9
$130,001 - $261,000 12.8
$65,001 - $130,000 2.9
$0 - $65,000 1.2

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
8.5550216805344 3.40466926070039

Number Of Homes And Apartments:
3,490

Trophy Club 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
82.10% 3.54% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,130 / per month

Homeownership Rate

Homeownership
Owners 94.10
Renters 5.90
Vacant 3.56

Housing Market Details

 

Age of Homes

AGE OF Trophy Club HOMES
2000 or Newer 41.5
1970 - 1999 57.6
1940 - 1969 0.6
1939 or Older 0.3

Types of Homes

TYPE OF Trophy Club HOMES
Single-Family 92.8
Townhomes 2.8
Small Apt. Buildings 2.5
Apt. Complexes 1.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Trophy Club HOMES
No Bedroom 0.44
1 Bedroom 2.27
2 Bedrooms 4.84
3 Bedrooms 32.11
4 Bedrooms 46.01
5 or more bedrooms 14.34