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 a population of 24,437, 9,739 total housing units (homes and apartments), and a median house value of $355,016, Benbrook real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Benbrook, accounting for 68.64% of the city's housing units. Other types of housing that are prevalent in Benbrook include large apartment complexes or high rise apartments ( 18.64%), duplexes, homes converted to apartments or other small apartment buildings ( 9.19%), and a few row houses and other attached homes ( 3.24%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Benbrook. Owner-occupied housing accounts for 67.55% of Benbrook's homes, and 66.82% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Benbrook 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 Benbrook built between 2000 and later ( 21.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.33%).
Appreciation rates for homes in Benbrook have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.45%, which ranks in the top 40% nationwide. This equates to an annual average Benbrook house appreciation rate of 7.31%.
Over the last year, Benbrook appreciation rates have trailed the rest of the nation. In the last twelve months, Benbrook's appreciation rate has been 0.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Benbrook were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Relative to Texas, our data show that Benbrook's latest annual appreciation rate is lower than 80% 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 Benbrook differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Benbrook - 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 Benbrook real estate investment or home purchase decisions.
$355,016
for Texas
for nation
9,739
$2,340 / per month