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 about Scout's Real Estate Data
With 13,811 people, 4,928 houses or apartments, and a median cost of homes of $401,456, Lewisville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Lewisville, accounting for 89.46% of the town's housing units. Other types of housing that are prevalent in Lewisville include large apartment complexes or high rise apartments ( 5.32%), row houses and other attached homes ( 2.23%), and a few mobile homes or trailers ( 1.59%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lewisville. Owner-occupied housing accounts for 83.50% of Lewisville's homes, and 80.71% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Lewisville 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 Lewisville built between 2000 and later ( 22.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.53%).
Real estate appreciation rates in Lewisville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.50% during the period.
Over the last year, Lewisville appreciation rates have trailed the rest of the nation. In the last twelve months, Lewisville's appreciation rate has been 3.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lewisville were at 4.67%, which equates to an annual appreciation rate of 20.03%.
Importantly, this makes Lewisville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to North Carolina, our data show that Lewisville's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.
$401,456
for North carolina
for nation
4,928
$1,899 / per month