Webster, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Webster Neighborhoods Since 2000




Webster, 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

Webster Housing Market Information

With a population of 11,116, 4,673 total housing units (homes and apartments), and a median house value of $157,256, Webster real estate and house prices are near the national average for all cities and towns.

Large apartment complexes or high rise apartments are the single most common housing type in Webster, accounting for 83.86% of the city's housing units. Other types of housing that are prevalent in Webster include single-family detached homes ( 8.64%), duplexes, homes converted to apartments or other small apartment buildings ( 4.94%), and a few row houses and other attached homes ( 2.15%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Webster is dominated by renter-occupied one, two, or no bedrooms apartments. 87.12% of Webster's dwellings are rentals.

There is a lot of housing in Webster 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 Webster built between 2000 and later ( 32.41%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.66%).

Vacant housing appears to be an issue in Webster. Fully 12.61% of the housing stock is classified as vacant. Left unchecked, vacant Webster homes and apartments can be a drag on the real estate market, holding Webster 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.

Webster Home Appreciation Rates

In the last 10 years, Webster has experienced some of the highest home appreciation rates of any community in the nation. Webster real estate appreciated 31.14% over the last ten years, which is an average annual home appreciation rate of 2.75%, putting Webster in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Webster 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, Webster appreciation rates have trailed the rest of the nation. In the last twelve months, Webster's appreciation rate has been -3.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Webster were at -0.09%, which equates to an annual appreciation rate of -0.38%.

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

Average Home Values

 

Median Home Value:
$157,256

Webster, TX HOME PRICES

Value Range
> $1,092,000 0.1
$819,001 - $1,092,000 0.2
$546,001 - $819,000 0.4
$437,001 - $546,000 0.1
$328,001 - $437,000 1.9
$218,001 - $328,000 11.2
$109,001 - $218,000 58.3
$54,001 - $109,000 13.6
$0 - $54,000 14.4

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
46.9237079573421 30.3501945525292

Number Of Homes And Apartments:
4,673

Webster 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
60.39% 2.78% 4 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,189 / per month

Homeownership Rate

Homeownership
Owners 12.88
Renters 87.12
Vacant 12.61

Housing Market Details

 

Age of Homes

AGE OF Webster HOMES
2000 or Newer 32.4
1970 - 1999 56.7
1940 - 1969 10.7
1939 or Older 0.2

Types of Homes

TYPE OF Webster HOMES
Single-Family 8.6
Townhomes 2.2
Small Apt. Buildings 4.9
Apt. Complexes 83.9
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Webster HOMES
No Bedroom 1.98
1 Bedroom 37.80
2 Bedrooms 45.11
3 Bedrooms 11.82
4 Bedrooms 2.81
5 or more bedrooms 0.49