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 15,953, 6,476 total housing units (homes and apartments), and a median house value of $291,088, Live Oak 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 Live Oak, accounting for 72.29% of the city's housing units. Other types of housing that are prevalent in Live Oak include large apartment complexes or high rise apartments ( 22.55%), duplexes, homes converted to apartments or other small apartment buildings ( 4.73%).
The most prevalent building size and type in Live Oak are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.38% owning and 42.62% renting.
Live Oak homes and real estate are some of the newest in America. 45.87% of Live Oak'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 Live Oak real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.59%), and between 1940-1969 ( 12.26%).
Appreciation rates for homes in Live Oak have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.98%, which ranks in the top 30% nationwide. This equates to an annual average Live Oak house appreciation rate of 7.90%.
Over the last year, Live Oak appreciation rates have trailed the rest of the nation. In the last twelve months, Live Oak's appreciation rate has been 1.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Live Oak were at -1.46%, which equates to an annual appreciation rate of -5.70%.
Notably, Live Oak's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Live Oak's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$291,088
for Texas
for nation
6,476
$2,070 / per month