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 777 people, 302 houses or apartments, and a median cost of homes of $332,156, Valley View real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Valley View, accounting for 88.51% of the city's housing units. Other types of housing that are prevalent in Valley View include large apartment complexes or high rise apartments ( 6.21%), mobile homes or trailers ( 2.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.86%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Valley View. Owner-occupied housing accounts for 82.78% of Valley View's homes, and 67.39% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Valley View 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 Valley View built between 1940-1969 ( 37.27%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.80%). There's also some housing in Valley View built before 1939 ( 3.42%).
In the last 10 years, Valley View has experienced some of the highest home appreciation rates of any community in the nation. Valley View real estate appreciated 126.12% over the last ten years, which is an average annual home appreciation rate of 8.50%, putting Valley View in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Valley View 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, Valley View appreciation rates have trailed the rest of the nation. In the last twelve months, Valley View's appreciation rate has been 5.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Valley View were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Valley View's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.
$332,156
for Texas
for nation
302
$1,529 / per month