Wylie, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wylie Neighborhoods Since 2000




Wylie, TX Real Estate Data


Wylie Housing Market Information

With 46,708 people, 13,675 houses or apartments, and a median cost of homes of $229,730, Wylie real estate is some of the most expensive in Texas, although Wylie home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Wylie, accounting for 82.83% of the city's housing units. Other types of housing that are prevalent in Wylie include mobile homes or trailers ( 7.00%), large apartment complexes or high rise apartments ( 6.08%), and a few row houses and other attached homes ( 2.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wylie. Owner-occupied housing accounts for 84.18% of Wylie's homes, and 81.33% have either three or four bedrooms, which is average sized relative to America.

Wylie homes and real estate are some of the newest in America. 62.36% of Wylie's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Wylie real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.94%), and between 1940-1969 ( 4.27%).

Wylie Home Appreciation Rates

In the last 10 years, Wylie has experienced some of the highest home appreciation rates of any community in the nation. Wylie real estate appreciated 36.47% over the last ten years, which is an average annual home appreciation rate of 3.16%, putting Wylie in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Wylie 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 Wylie that despite a nationwide downturn in the housing market, Wylie real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wylie appreciation rates continue to be some of the highest in America, at 9.47%, which is higher than appreciation rates in 96.84% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wylie. Wylie appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

Importantly, this makes Wylie 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 Wylie's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$229,730

Wylie, TX HOME PRICES

Value Range
> $1,372,000 0.1
$1,029,001 - $1,372,000 0.0
$686,001 - $1,029,000 1.2
$549,001 - $686,000 1.1
$412,001 - $549,000 6.1
$274,001 - $412,000 20.7
$137,001 - $274,000 59.2
$69,001 - $137,000 5.5
$0 - $69,000 6.1

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
26.608889149148 12.1359223300971

Number Of Homes And Apartments:
13,675

Rent & Ownership

 

Average Market Rent:
$1,549 / per month

Homeownership Rate

Homeownership
Owners 84.18
Renters 15.82
Vacant 5.36

Housing Market Details

 

Age of Homes

AGE OF Wylie HOMES
2000 or Newer 62.4
1970 - 1999 32.9
1940 - 1969 4.3
1939 or Older 0.4

Types of Homes

TYPE OF Wylie HOMES
Single-Family 82.8
Townhomes 2.3
Small Apt. Buildings 1.6
Apt. Complexes 6.1
Mobile Homes 7.0
Other 0.2

Home Size

SIZE OF Wylie HOMES
No Bedroom 0.30
1 Bedroom 3.24
2 Bedrooms 9.50
3 Bedrooms 47.50
4 Bedrooms 33.84
5 or more bedrooms 5.63

Wylie Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
53.30% 2.54% 3 7
* 10 is highest