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 60,169, 24,005 total housing units (homes and apartments), and a median house value of $394,433, Euless real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Euless, accounting for 43.72% of the city's housing units. Other types of housing that are prevalent in Euless include large apartment complexes or high rise apartments ( 41.96%), duplexes, homes converted to apartments or other small apartment buildings ( 7.32%), and a few row houses and other attached homes ( 6.93%).
People in Euless primarily live in small (one, two or no bedroom) single-family detached homes. Euless has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Euless 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 Euless built between 2000 and later ( 25.17%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.87%).
In the last 10 years, Euless has experienced some of the highest home appreciation rates of any community in the nation. Euless real estate appreciated 134.86% over the last ten years, which is an average annual home appreciation rate of 8.91%, putting Euless in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Euless definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Euless appreciation rates have trailed the rest of the nation. In the last twelve months, Euless's appreciation rate has been 2.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Euless were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Relative to Texas, our data show that Euless's latest annual appreciation rate is lower 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 Euless differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Euless - 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 Euless real estate investment or home purchase decisions.
$394,433
for Texas
for nation
24,005
$2,352 / per month