Vidor, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Vidor Neighborhoods Since 2000




Vidor, 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

Vidor Housing Market Information

With a population of 10,945, 4,201 total housing units (homes and apartments), and a median house value of $96,950, house prices in Vidor are solidly below the national average.

Single-family detached homes are the single most common housing type in Vidor, accounting for 68.53% of the city's housing units. Other types of housing that are prevalent in Vidor include mobile homes or trailers ( 19.85%), duplexes, homes converted to apartments or other small apartment buildings ( 5.71%), and a few large apartment complexes or high rise apartments ( 5.47%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vidor. Owner-occupied housing accounts for 72.01% of Vidor's homes, and 65.71% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Vidor 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 Vidor built between 1940-1969 ( 38.34%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.63%). There's also some housing in Vidor built before 1939 ( 1.05%).

Vacant housing appears to be an issue in Vidor. Fully 11.56% of the housing stock is classified as vacant. Left unchecked, vacant Vidor homes and apartments can be a drag on the real estate market, holding Vidor real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Vidor Home Appreciation Rates

In the last 10 years, Vidor has experienced some of the highest home appreciation rates of any community in the nation. Vidor real estate appreciated 25.76% over the last ten years, which is an average annual home appreciation rate of 2.32%, putting Vidor in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Vidor 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, Vidor appreciation rates have trailed the rest of the nation. In the last twelve months, Vidor's appreciation rate has been -0.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vidor were at -1.13%, which equates to an annual appreciation rate of -4.46%.

Notably, Vidor's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Vidor's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$96,950

Vidor, TX HOME PRICES

Value Range
> $1,135,000 0.0
$851,001 - $1,135,000 0.0
$567,001 - $851,000 0.3
$454,001 - $567,000 0.5
$341,001 - $454,000 1.8
$227,001 - $341,000 5.1
$113,001 - $227,000 29.8
$57,001 - $113,000 35.2
$0 - $57,000 27.3

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
79.5675612328607 67.3151750972763

Number Of Homes And Apartments:
4,201

Vidor 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
64.05% 2.91% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$917 / per month

Homeownership Rate

Homeownership
Owners 72.01
Renters 27.99
Vacant 11.56

Housing Market Details

 

Age of Homes

AGE OF Vidor HOMES
2000 or Newer 16.6
1970 - 1999 44.0
1940 - 1969 38.3
1939 or Older 1.1

Types of Homes

TYPE OF Vidor HOMES
Single-Family 68.5
Townhomes 0.4
Small Apt. Buildings 5.7
Apt. Complexes 5.5
Mobile Homes 19.9
Other 0.0

Home Size

SIZE OF Vidor HOMES
No Bedroom 0.27
1 Bedroom 3.43
2 Bedrooms 29.83
3 Bedrooms 54.38
4 Bedrooms 11.33
5 or more bedrooms 0.76