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Texas
Real Estate Appreciation & Housing Market Trends






Texas Real Estate Market & Appreciation

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value

$295,118

Number Of Homes And Apartments:

10,490,553

Texas Home Prices

> $1,305,014
$978,738 - $1,305,014
$652,567 - $978,737
$521,923 - $652,566
$391,516 - $521,922
$261,001 - $391,515
$130,500 - $261,000
$65,243 - $130,499
$0 - $65,242
2.3%
2.3%
2.4%
2.4%
7.3%
7.3%
7.9%
7.9%
13.4%
13.4%
23.6%
23.6%
25.7%
25.7%
10.8%
10.8%
6.6%
6.6%
0% 100.0%
% of Homes

Texas Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,855 / per month

Homeownership Rate

Owners
Renters
61.1%
61.1%
38.9%
38.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.0%
10.0%
90.0%
90.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
35.0%
35.0%
43.5%
43.5%
18.3%
18.3%
3.2%
3.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
64.7%
64.7%
2.8%
2.8%
5.2%
5.2%
20.4%
20.4%
6.7%
6.7%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.6%
2.6%
12.7%
12.7%
21.5%
21.5%
40.1%
40.1%
19.2%
19.2%
3.9%
3.9%
0% 100.0%
% of Homes