Watauga, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Watauga Neighborhoods Since 2000




Watauga, TX Real Estate Data


Watauga Housing Market Information

With 24,525 people, 8,161 houses or apartments, and a median cost of homes of $144,705, Watauga 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 Watauga, accounting for 93.18% of the city's housing units. Other types of housing that are prevalent in Watauga include large apartment complexes or high rise apartments ( 4.35%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Watauga. Owner-occupied housing accounts for 77.66% of Watauga's homes, and 93.37% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Watauga 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 Watauga built between 2000 and later ( 13.50%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.34%).

Watauga Home Appreciation Rates

In the last 10 years, Watauga has experienced some of the highest home appreciation rates of any community in the nation. Watauga real estate appreciated 35.59% over the last ten years, which is an average annual home appreciation rate of 3.09%, putting Watauga in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Watauga 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 Watauga that despite a nationwide downturn in the housing market, Watauga real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Watauga appreciation rates continue to be some of the highest in America, at 8.65%, which is higher than appreciation rates in 94.50% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Watauga. Watauga appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

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

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

Average Home Values

 

Median Home Value:
$144,705

Watauga, TX HOME PRICES

Value Range
> $1,350,000 0.0
$1,012,001 - $1,350,000 0.0
$675,001 - $1,012,000 0.0
$540,001 - $675,000 0.0
$405,001 - $540,000 0.0
$270,001 - $405,000 2.1
$135,001 - $270,000 53.8
$67,001 - $135,000 42.0
$0 - $67,000 2.1

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
53.3114715699479 37.0873786407767

Number Of Homes And Apartments:
8,161

Rent & Ownership

 

Average Market Rent:
$1,452 / per month

Homeownership Rate

Homeownership
Owners 77.66
Renters 22.34
Vacant 3.09

Housing Market Details

 

Age of Homes

AGE OF Watauga HOMES
2000 or Newer 13.5
1970 - 1999 73.4
1940 - 1969 12.3
1939 or Older 0.8

Types of Homes

TYPE OF Watauga HOMES
Single-Family 93.2
Townhomes 0.9
Small Apt. Buildings 1.0
Apt. Complexes 4.3
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Watauga HOMES
No Bedroom 0.33
1 Bedroom 0.77
2 Bedrooms 3.46
3 Bedrooms 81.96
4 Bedrooms 11.41
5 or more bedrooms 2.07

Watauga Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
59.78% 2.80% 4 7
* 10 is highest