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 45,688 people, 12,154 houses or apartments, and a median cost of homes of $235,347, house prices in Channelview are solidly below the national average.
Single-family detached homes are the single most common housing type in Channelview, accounting for 68.91% of the town's housing units. Other types of housing that are prevalent in Channelview include mobile homes or trailers ( 20.88%), large apartment complexes or high rise apartments ( 6.54%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.40%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Channelview. Owner-occupied housing accounts for 75.84% of Channelview's homes, and 74.88% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Channelview 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 Channelview built between 2000 and later ( 32.75%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.69%). There's also some housing in Channelview built before 1939 ( 1.30%).
In the last 10 years, Channelview has experienced some of the highest home appreciation rates of any community in the nation. Channelview real estate appreciated 139.75% over the last ten years, which is an average annual home appreciation rate of 9.14%, putting Channelview in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Channelview definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Channelview's appreciation rate, at 7.87%, has been at or slightly above the national average. In the latest quarter, Channelview's appreciation rate has been 1.69%, which annualizes to a rate of 6.92%.
Relative to Texas, our data show that Channelview's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Channelview differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Channelview - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Channelview real estate investment or home purchase decisions.
$235,347
for Texas
for nation
12,154
$1,460 / per month