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 1,923 people, 471 houses or apartments, and a median cost of homes of $209,149, house prices in Van Vleck are solidly below the national average.
Single-family detached homes are the single most common housing type in Van Vleck, accounting for 78.81% of the town's housing units. Other types of housing that are prevalent in Van Vleck include mobile homes or trailers ( 10.72%), large apartment complexes or high rise apartments ( 10.47%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Van Vleck. Owner-occupied housing accounts for 82.80% of Van Vleck's homes, and 60.08% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Van Vleck 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 Van Vleck built between 2000 and later ( 18.09%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.98%). There's also some housing in Van Vleck built before 1939 ( 1.81%).
Vacant housing appears to be an issue in Van Vleck. Fully 39.15% of the housing stock is classified as vacant. Left unchecked, vacant Van Vleck homes and apartments can be a drag on the real estate market, holding Van Vleck real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Van Vleck's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.32% during the period.
Over the last year, Van Vleck appreciation rates have trailed the rest of the nation. In the last twelve months, Van Vleck's appreciation rate has been 3.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Van Vleck were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Van Vleck's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.
$209,149
for Texas
for nation
471
$1,708 / per month