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 5,503 people, 1,780 houses or apartments, and a median cost of homes of $1,025,878, Argyle house prices are not only among the most expensive in Texas, Argyle real estate also is some of the most expensive in all of America.
Argyle is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Argyle than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Argyle. Owner-occupied housing accounts for 86.69% of Argyle's homes, and 83.15% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Argyle 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 Argyle built between 2000 and later ( 41.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.48%). There's also some housing in Argyle built before 1939 ( 1.20%).
Appreciation rates for homes in Argyle have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 114.14%, which ranks in the top 30% nationwide. This equates to an annual average Argyle house appreciation rate of 7.91%.
Over the last year, Argyle appreciation rates have trailed the rest of the nation. In the last twelve months, Argyle's appreciation rate has been 5.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Argyle were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Relative to Texas, our data show that Argyle's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Argyle differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Argyle - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Argyle real estate investment or home purchase decisions.
$1,025,878
for Texas
for nation
1,780
$3,305 / per month