Analytics built by:
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: Ä¢¹½ÊÓÆµ uses over 600 characteristics to build a neighborhood profile…
With 1,292 people, 513 houses or apartments, and a median cost of homes of $180,183, house prices in Brownsboro are solidly below the national average.
Single-family detached homes are the single most common housing type in Brownsboro, accounting for 62.29% of the city's housing units. Other types of housing that are prevalent in Brownsboro include large apartment complexes or high rise apartments ( 16.70%), row houses and other attached homes ( 9.76%), and a few mobile homes or trailers ( 6.57%).
The most prevalent building size and type in Brownsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.78% owning and 45.22% renting.
Brownsboro homes and real estate are some of the newest in America. 40.90% of Brownsboro'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 Brownsboro real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.40%), and between 1940-1969 ( 15.38%). There's also some housing in Brownsboro built before 1939 ( 7.32%).
Appreciation rates for homes in Brownsboro have been tracking above average for the last ten years, according to Ä¢¹½ÊÓÆµ data. The cumulative appreciation rate over the ten years has been 95.49%, which ranks in the top 50% nationwide. This equates to an annual average Brownsboro house appreciation rate of 6.93%.
Ä¢¹½ÊÓÆµ's data show that during the latest twelve months, Brownsboro's appreciation rate, at 3.29%, has been at or slightly above the national average. In the latest quarter, Brownsboro's appreciation rate has been 3.65%, which annualizes to a rate of 15.40%.
Importantly, this makes Brownsboro one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Texas, our data show that Brownsboro's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.
$180,183
for Texas
for nation
513
$1,627 / per month