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 84,324 people, 30,749 houses or apartments, and a median cost of homes of $226,284, house prices in Baytown are solidly below the national average.
Single-family detached homes are the single most common housing type in Baytown, accounting for 59.81% of the city's housing units. Other types of housing that are prevalent in Baytown include large apartment complexes or high rise apartments ( 26.70%), duplexes, homes converted to apartments or other small apartment buildings ( 5.76%), and a few mobile homes or trailers ( 5.46%).
The most prevalent building size and type in Baytown are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.20% owning and 46.80% renting.
There is a lot of housing in Baytown 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 Baytown built between 1940-1969 ( 28.58%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.61%). There's also some housing in Baytown built before 1939 ( 3.73%).
Appreciation rates for homes in Baytown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.68%, which ranks in the top 30% nationwide. This equates to an annual average Baytown house appreciation rate of 7.63%.
NeighborhoodScout's data show that during the latest twelve months, Baytown's appreciation rate, at 6.74%, has been at or slightly above the national average. In the latest quarter, Baytown's appreciation rate has been 1.69%, which annualizes to a rate of 6.92%.
Relative to Texas, our data show that Baytown's latest annual appreciation rate is higher than 90% 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 Baytown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Baytown - 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 Baytown real estate investment or home purchase decisions.
$226,284
for Texas
for nation
30,749
$1,594 / per month