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 8,104, 2,912 total housing units (homes and apartments), and a median house value of $198,149, house prices in Kirby are solidly below the national average.
Single-family detached homes are the single most common housing type in Kirby, accounting for 78.00% of the city's housing units. Other types of housing that are prevalent in Kirby include mobile homes or trailers ( 8.98%), large apartment complexes or high rise apartments ( 6.35%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.39%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kirby. Owner-occupied housing accounts for 70.43% of Kirby's homes, and 80.20% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kirby 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 Kirby built between 1940-1969 ( 20.29%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.08%).
Appreciation rates for homes in Kirby have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.35%, which ranks in the top 40% nationwide. This equates to an annual average Kirby house appreciation rate of 7.25%.
Appreciation rates are so strong in Kirby that despite a nationwide downturn in the housing market, Kirby real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kirby appreciation rates continue to be some of the highest in America, at 7.25%, which is higher than appreciation rates in 89.50% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kirby. Kirby appreciation rates in the latest quarter were at 2.37%, which equates to an annual appreciation rate of 9.84%.
Relative to Texas, our data show that Kirby's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
$198,149
for Texas
for nation
2,912
$1,609 / per month