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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 5,874 people, 2,137 houses or apartments, and a median cost of homes of $213,921, 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 88.48% of the city's housing units. Other types of housing that are prevalent in Windcrest include large apartment complexes or high rise apartments ( 6.16%), duplexes, homes converted to apartments or other small apartment buildings ( 3.61%), and a few row houses and other attached homes ( 1.74%).
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 81.52% of Windcrest's homes, and 78.35% 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 ( 33.86%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.68%).
Vacant housing appears to be an issue in Windcrest. Fully 13.34% 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.
In the last 10 years, Windcrest has experienced some of the highest home appreciation rates of any community in the nation. Windcrest real estate appreciated 52.37% over the last ten years, which is an average annual home appreciation rate of 4.30%, putting Windcrest in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Windcrest 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 Windcrest that despite a nationwide downturn in the housing market, Windcrest real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Windcrest appreciation rates continue to be some of the highest in America, at 5.64%, which is higher than appreciation rates in 75.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Windcrest. Windcrest appreciation rates in the latest quarter were at 2.10%, which equates to an annual appreciation rate of 8.67%.
Importantly, this makes Windcrest 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 Windcrest's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.
|$920,001 - $1,226,000||0.8|
|$613,001 - $920,000||0.0|
|$491,001 - $613,000||0.1|
|$368,001 - $491,000||3.4|
|$246,001 - $368,000||23.6|
|$123,001 - $246,000||62.3|
|$61,001 - $123,000||6.4|
|$0 - $61,000||3.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
2000 Q1 - 2020 Q2
|* 10 is highest|
|AGE OF Windcrest HOMES|
|2000 or Newer||17.7|
|1970 - 1999||47.7|
|1940 - 1969||33.9|
|1939 or Older||0.7|
|TYPE OF Windcrest HOMES|
|Small Apt. Buildings||3.6|
|SIZE OF Windcrest HOMES|
|5 or more bedrooms||6.33|