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 128,023, 46,214 total housing units (homes and apartments), and a median house value of $375,911, College Station real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in College Station, accounting for 42.43% of the city's housing units. Other types of housing that are prevalent in College Station include large apartment complexes or high rise apartments ( 31.46%), duplexes, homes converted to apartments or other small apartment buildings ( 17.61%), and a few row houses and other attached homes ( 7.67%).
Renters dominate College Station's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
College Station homes and real estate are some of the newest in America. 47.97% of College Station's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the College Station real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 46.01%), and between 1940-1969 ( 5.16%).
Vacant housing appears to be an issue in College Station. Fully 10.25% of the housing stock is classified as vacant. Left unchecked, vacant College Station homes and apartments can be a drag on the real estate market, holding College Station 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 College Station's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.97% during the period.
Over the last year, College Station appreciation rates have trailed the rest of the nation. In the last twelve months, College Station's appreciation rate has been -1.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in College Station were at -8.65%, which equates to an annual appreciation rate of -30.37%.
Notably, College Station's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that College Station's latest annual appreciation rate is lower 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 College Station differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in College Station - 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 College Station real estate investment or home purchase decisions.
$375,911
for Texas
for nation
46,214
$1,532 / per month