Trophy Club, TX Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Trophy Club, TX Housing Market Trends

With 12,451 people, 3,988 houses or apartments, and a median cost of homes of $483,752, 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 91.12% of Trophy Club's homes, and 79.01% 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 ( 43.65%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.46%).

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 72.52% over the last ten years, which is an average annual home appreciation rate of 5.61%, 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.

Over the last year, Trophy Club appreciation rates have trailed the rest of the nation. In the last twelve months, Trophy Club's appreciation rate has been 3.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Trophy Club were at 1.65%, which equates to an annual appreciation rate of 6.76%.

Relative to Texas, our data show that Trophy Club's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$483,752

Trophy Club, TX HOME PRICES

> $1,166,000
3.8%
3.8%
$875,001 - $1,166,000
7.0%
7.0%
$583,001 - $875,000
20.6%
20.6%
$466,001 - $583,000
17.6%
17.6%
$350,001 - $466,000
29.4%
29.4%
$233,001 - $350,000
14.5%
14.5%
$116,001 - $233,000
6.4%
6.4%
$58,001 - $116,000
0.1%
0.1%
$0 - $58,000
0.6%
0.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for TX

Value Relative To Nation

Number Of Homes And Apartments:
3,988

Trophy Club Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
111.62% 3.63%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,575 / per month

Homeownership Rate

Owners
91.1%
91.1%
Renters
8.9%
8.9%
Vacant
3.0%
3.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
43.7%
43.7%
1970 - 1999
53.9%
53.9%
1940 - 1969
2.5%
2.5%
1939 or Older
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
95.6%
95.6%
Townhomes
0.8%
0.8%
Small Apt. Buildings
1.6%
1.6%
Apt. Complexes
2.0%
2.0%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
1.5%
1.5%
2 Bedrooms
3.0%
3.0%
3 Bedrooms
35.8%
35.8%
4 Bedrooms
43.2%
43.2%
5 or more bedrooms
15.3%
15.3%
0.0% 100.0%
% OF HOMES