Woodville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Woodville, 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

Woodville Housing Market Information

With a population of 2,478, 1,050 total housing units (homes and apartments), and a median house value of $109,314, house prices in Woodville are solidly below the national average.

Single-family detached homes are the single most common housing type in Woodville, accounting for 73.55% of the town's housing units. Other types of housing that are prevalent in Woodville include large apartment complexes or high rise apartments ( 16.23%), duplexes, homes converted to apartments or other small apartment buildings ( 6.54%), and a few mobile homes or trailers ( 2.03%).

The most prevalent building size and type in Woodville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 48.40% owning and 51.60% renting.

There is a lot of housing in Woodville 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 Woodville built between 1940-1969 ( 31.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.24%). There's also some housing in Woodville built before 1939 ( 3.38%).

Vacant housing appears to be an issue in Woodville. Fully 21.11% of the housing stock is classified as vacant. Left unchecked, vacant Woodville homes and apartments can be a drag on the real estate market, holding Woodville 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.

Woodville Home Appreciation Rates

In the last 10 years, Woodville has experienced some of the highest home appreciation rates of any community in the nation. Woodville real estate appreciated 35.50% over the last ten years, which is an average annual home appreciation rate of 3.08%, putting Woodville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Woodville 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 Woodville that despite a nationwide downturn in the housing market, Woodville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Woodville appreciation rates continue to be some of the highest in America, at 5.67%, which is higher than appreciation rates in 71.01% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Woodville. Woodville appreciation rates in the latest quarter were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Woodville's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$109,314

Woodville, TX HOME PRICES

Value Range
> $1,140,000 0.0
$855,001 - $1,140,000 0.0
$570,001 - $855,000 0.1
$456,001 - $570,000 0.2
$342,001 - $456,000 0.2
$228,001 - $342,000 11.8
$114,001 - $228,000 30.8
$57,001 - $114,000 36.7
$0 - $57,000 20.4

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
71.8153052853627 57.4902723735409

Number Of Homes And Apartments:
1,050

Woodville 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
71.36% 3.17% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$904 / per month

Homeownership Rate

Homeownership
Owners 48.40
Renters 51.60
Vacant 21.11

Housing Market Details

 

Age of Homes

AGE OF Woodville HOMES
2000 or Newer 9.2
1970 - 1999 55.4
1940 - 1969 31.9
1939 or Older 3.4

Types of Homes

TYPE OF Woodville HOMES
Single-Family 73.6
Townhomes 1.7
Small Apt. Buildings 6.5
Apt. Complexes 16.2
Mobile Homes 2.0
Other 0.0

Home Size

SIZE OF Woodville HOMES
No Bedroom 2.70
1 Bedroom 12.10
2 Bedrooms 25.69
3 Bedrooms 48.61
4 Bedrooms 10.89
5 or more bedrooms 0.00

Popular Neighborhoods in Woodville

Popular Communities Near Woodville, TX

Zip Codes in Woodville, TX