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 11,429 people, 4,601 houses or apartments, and a median cost of homes of $275,138, Leon Valley real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Leon Valley, accounting for 57.80% of the city's housing units. Other types of housing that are prevalent in Leon Valley include large apartment complexes or high rise apartments ( 28.88%), duplexes, homes converted to apartments or other small apartment buildings ( 7.66%), and a few row houses and other attached homes ( 4.16%).
The most prevalent building size and type in Leon Valley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.66% owning and 44.34% renting.
There is a lot of housing in Leon Valley 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 Leon Valley built between 1940-1969 ( 18.62%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.93%).
Appreciation rates for homes in Leon Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.63%, which ranks in the top 30% nationwide. This equates to an annual average Leon Valley house appreciation rate of 7.63%.
Over the last year, Leon Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Leon Valley's appreciation rate has been 1.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Leon Valley were at -1.46%, which equates to an annual appreciation rate of -5.70%.
Notably, Leon Valley's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Leon Valley's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$275,138
for Texas
for nation
4,601
$1,885 / per month