Windcrest, 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 Q1 2021. 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

Windcrest, TX Housing Market Trends

With 5,876 people, 2,133 houses or apartments, and a median cost of homes of $230,458, Windcrest real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Windcrest, accounting for 89.30% of the city's housing units. Other types of housing that are prevalent in Windcrest include large apartment complexes or high rise apartments ( 5.70%), duplexes, homes converted to apartments or other small apartment buildings ( 3.46%), and a few row houses and other attached homes ( 1.54%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Windcrest. Owner-occupied housing accounts for 80.43% of Windcrest's homes, and 75.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Windcrest 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 Windcrest built between 1940-1969 ( 36.80%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.36%).

Vacant housing appears to be an issue in Windcrest. Fully 11.20% of the housing stock is classified as vacant. Left unchecked, vacant Windcrest homes and apartments can be a drag on the real estate market, holding Windcrest 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.

Windcrest Home Appreciation Rates

Appreciation rates for homes in Windcrest have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 59.06%, which ranks in the top 30% nationwide. This equates to an annual average Windcrest house appreciation rate of 4.75%.

NeighborhoodScout's data show that during the latest twelve months, Windcrest's appreciation rate, at 7.65%, has been at or slightly above the national average. In the latest quarter, Windcrest's appreciation rate has been 1.91%, which annualizes to a rate of 7.84%.

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

Average Home Values

 

Median Home Value:
$230,458

Windcrest, TX HOME PRICES

> $1,219,000
0.2%
0.2%
$914,001 - $1,219,000
0.8%
0.8%
$609,001 - $914,000
0.0%
0.0%
$487,001 - $609,000
0.0%
0.0%
$366,001 - $487,000
7.4%
7.4%
$244,001 - $366,000
31.0%
31.0%
$122,001 - $244,000
51.5%
51.5%
$61,001 - $122,000
4.4%
4.4%
$0 - $61,000
4.6%
4.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for TX

Value Relative To Nation

Number Of Homes And Apartments:
2,133

Windcrest Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
112.60% 3.61%
5
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,209 / per month

Homeownership Rate

Owners
80.4%
80.4%
Renters
19.6%
19.6%
Vacant
11.2%
11.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
18.4%
18.4%
1970 - 1999
44.0%
44.0%
1940 - 1969
36.8%
36.8%
1939 or Older
0.8%
0.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.3%
89.3%
Townhomes
1.5%
1.5%
Small Apt. Buildings
3.5%
3.5%
Apt. Complexes
5.7%
5.7%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.7%
0.7%
1 Bedroom
3.0%
3.0%
2 Bedrooms
10.1%
10.1%
3 Bedrooms
47.6%
47.6%
4 Bedrooms
27.9%
27.9%
5 or more bedrooms
10.9%
10.9%
0.0% 100.0%
% OF HOMES