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 1,561, 603 total housing units (homes and apartments), and a median house value of $272,487, Quinlan 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 Quinlan, accounting for 61.73% of the city's housing units. Other types of housing that are prevalent in Quinlan include mobile homes or trailers ( 13.03%), duplexes, homes converted to apartments or other small apartment buildings ( 12.76%), and a few large apartment complexes or high rise apartments ( 11.80%).
The most prevalent building size and type in Quinlan are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.37% owning and 40.63% renting.
There is a lot of housing in Quinlan 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 Quinlan built between 2000 and later ( 22.50%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.81%). There's also some housing in Quinlan built before 1939 ( 2.33%).
Vacant housing appears to be an issue in Quinlan. Fully 17.28% of the housing stock is classified as vacant. Left unchecked, vacant Quinlan homes and apartments can be a drag on the real estate market, holding Quinlan 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.
In the last 10 years, Quinlan has experienced some of the highest home appreciation rates of any community in the nation. Quinlan real estate appreciated 138.62% over the last ten years, which is an average annual home appreciation rate of 9.09%, putting Quinlan in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Quinlan definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Quinlan that despite a nationwide downturn in the housing market, Quinlan real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Quinlan appreciation rates continue to be some of the highest in America, at 5.77%, which is higher than appreciation rates in 74.44% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Quinlan. Quinlan appreciation rates in the latest quarter were at -0.12%, which equates to an annual appreciation rate of -0.47%.
Notably, Quinlan's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Quinlan's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
$272,487
for Texas
for nation
603
$1,526 / per month