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 109,414 people, 37,481 houses or apartments, and a median cost of homes of $535,918, Sugar Land real estate is some of the most expensive in Texas, although Sugar Land home values aren't among America's most expensive.
Sugar Land is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Sugar Land 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 Sugar Land. Owner-occupied housing accounts for 81.03% of Sugar Land's homes, and 71.70% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sugar Land 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 Sugar Land built between 2000 and later ( 27.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.15%). There's also some housing in Sugar Land built before 1939 ( 1.05%).
Appreciation rates for homes in Sugar Land have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.52%, which ranks in the top 30% nationwide. This equates to an annual average Sugar Land house appreciation rate of 7.57%.
Appreciation rates are so strong in Sugar Land that despite a nationwide downturn in the housing market, Sugar Land real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sugar Land appreciation rates continue to be some of the highest in America, at 15.18%, which is higher than appreciation rates in 97.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sugar Land. Sugar Land appreciation rates in the latest quarter were at 1.69%, which equates to an annual appreciation rate of 6.92%.
Relative to Texas, our data show that Sugar Land's latest annual appreciation rate is higher than 90% 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 Sugar Land differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sugar Land - 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 Sugar Land real estate investment or home purchase decisions.
$535,918
for Texas
for nation
37,481
$2,668 / per month