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 5,291 people, 1,372 houses or apartments, and a median cost of homes of $695,651, McLendon-Chisholm house prices are not only among the most expensive in Texas, McLendon-Chisholm real estate also is some of the most expensive in all of America.
McLendon-Chisholm is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in McLendon-Chisholm than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in McLendon-Chisholm. Owner-occupied housing accounts for 98.47% of McLendon-Chisholm's homes, and 81.77% have either three or four bedrooms, which is average sized relative to America.
McLendon-Chisholm homes and real estate are some of the newest in America. 83.97% of McLendon-Chisholm'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 McLendon-Chisholm real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 15.44%), and between 1940-1969 ( 0.60%).
Real estate appreciation rates in McLendon-Chisholm's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.07% during the period.
Over the last year, McLendon-Chisholm appreciation rates have trailed the rest of the nation. In the last twelve months, McLendon-Chisholm's appreciation rate has been -0.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in McLendon-Chisholm were at -0.12%, which equates to an annual appreciation rate of -0.47%.
Notably, McLendon-Chisholm's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that McLendon-Chisholm's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$695,651
for Texas
for nation
1,372
$2,686 / per month