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 219,587 people, 70,502 houses or apartments, and a median cost of homes of $775,644, Frisco house prices are not only among the most expensive in Texas, Frisco real estate also is some of the most expensive in all of America.
Frisco is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Frisco 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 Frisco. Owner-occupied housing accounts for 67.03% of Frisco's homes, and 51.81% have either three or four bedrooms, which is average sized relative to America.
Frisco homes and real estate are some of the newest in America. 78.07% of Frisco's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Frisco real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 20.70%), and between 1940-1969 ( 0.97%).
In the last 10 years, Frisco has experienced some of the highest home appreciation rates of any community in the nation. Frisco real estate appreciated 139.02% over the last ten years, which is an average annual home appreciation rate of 9.10%, putting Frisco in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Frisco 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, Frisco appreciation rates have trailed the rest of the nation. In the last twelve months, Frisco's appreciation rate has been 2.89%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Frisco were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Relative to Texas, our data show that Frisco'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 Frisco differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Frisco - 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 Frisco real estate investment or home purchase decisions.
$775,644
for Texas
for nation
70,502
$3,530 / per month