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 8,106, 2,268 total housing units (homes and apartments), and a median house value of $244,177, house prices in Cuero are solidly below the national average.
Single-family detached homes are the single most common housing type in Cuero, accounting for 68.93% of the city's housing units. Other types of housing that are prevalent in Cuero include mobile homes or trailers ( 14.24%), duplexes, homes converted to apartments or other small apartment buildings ( 9.02%), and a few large apartment complexes or high rise apartments ( 7.55%).
The most prevalent building size and type in Cuero are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.24% owning and 56.76% renting.
There is a lot of housing in Cuero 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 Cuero built between 1940-1969 ( 34.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.79%). There's also some housing in Cuero built before 1939 ( 9.66%).
Vacant housing appears to be an issue in Cuero. Fully 27.42% of the housing stock is classified as vacant. Left unchecked, vacant Cuero homes and apartments can be a drag on the real estate market, holding Cuero real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Cuero have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.49%, which ranks in the top 30% nationwide. This equates to an annual average Cuero house appreciation rate of 7.88%.
Over the last year, Cuero appreciation rates have trailed the rest of the nation. In the last twelve months, Cuero's appreciation rate has been 4.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cuero were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Cuero's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.
$244,177
for Texas
for nation
2,268
$1,553 / per month