Winnsboro, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Winnsboro, TX Real Estate Data


Winnsboro Housing Market Information

With a population of 3,340, 1,226 total housing units (homes and apartments), and a median house value of $70,942, house prices in Winnsboro are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Winnsboro, accounting for 79.23% of the city's housing units. Other types of housing that are prevalent in Winnsboro include large apartment complexes or high rise apartments ( 9.55%), duplexes, homes converted to apartments or other small apartment buildings ( 8.97%), and a few mobile homes or trailers ( 1.81%).

The most prevalent building size and type in Winnsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 42.02% owning and 57.98% renting.

There is a lot of housing in Winnsboro 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 Winnsboro built between 1940-1969 ( 30.03%). A lesser amount of the housing stock also hails from before 1939 ( 26.19%). There's also some housing in Winnsboro built between 2000 and later ( 9.62%).

Vacant housing appears to be an issue in Winnsboro. Fully 11.29% of the housing stock is classified as vacant. Left unchecked, vacant Winnsboro homes and apartments can be a drag on the real estate market, holding Winnsboro 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.

Winnsboro Home Appreciation Rates

Appreciation rates for homes in Winnsboro have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.04%, which ranks in the top 40% nationwide. This equates to an annual average Winnsboro house appreciation rate of 0.78%.

Over the last year, Winnsboro appreciation rates have trailed the rest of the nation. In the last twelve months, Winnsboro's appreciation rate has been 1.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winnsboro were at 0.32%, which equates to an annual appreciation rate of 1.31%.

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

Average Home Values

 

Median Home Value:
$70,942

Winnsboro, TX HOME PRICES

Value Range
> $1,072,000 0.0
$804,001 - $1,072,000 0.3
$536,001 - $804,000 0.8
$429,001 - $536,000 1.1
$322,001 - $429,000 5.6
$214,001 - $322,000 3.6
$107,001 - $214,000 28.3
$54,001 - $107,000 34.4
$0 - $54,000 25.8

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
94.7556545177546 89.4941634241245

Number Of Homes And Apartments:
1,226

Rent & Ownership

 

Average Market Rent:
$994 / per month

Homeownership Rate

Homeownership
Owners 42.02
Renters 57.98
Vacant 11.29

Housing Market Details

 

Age of Homes

AGE OF Winnsboro HOMES
2000 or Newer 9.6
1970 - 1999 34.2
1940 - 1969 30.0
1939 or Older 26.2

Types of Homes

TYPE OF Winnsboro HOMES
Single-Family 79.2
Townhomes 0.4
Small Apt. Buildings 9.0
Apt. Complexes 9.6
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Winnsboro HOMES
No Bedroom 0.43
1 Bedroom 10.85
2 Bedrooms 34.01
3 Bedrooms 46.38
4 Bedrooms 7.38
5 or more bedrooms 0.94

Winnsboro Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
47.15% 2.26% 2 6
* 10 is highest

Popular Neighborhoods in Winnsboro

Zip Codes in Winnsboro, TX