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 2,337, 936 total housing units (homes and apartments), and a median house value of $97,110, house prices in De Leon are some of the most affordable in Texas as well as the nation.
Single-family detached homes are the single most common housing type in De Leon, accounting for 76.77% of the city's housing units. Other types of housing that are prevalent in De Leon include mobile homes or trailers ( 11.17%), duplexes, homes converted to apartments or other small apartment buildings ( 5.32%), and a few large apartment complexes or high rise apartments ( 4.26%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in De Leon. Owner-occupied housing accounts for 68.72% of De Leon's homes, and 52.13% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in De Leon 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 De Leon built between 1940-1969 ( 35.20%). A lesser amount of the housing stock also hails from before 1939 ( 19.86%). There's also some housing in De Leon built between 2000 and later ( 8.87%).
Vacant housing appears to be an issue in De Leon. Fully 17.02% of the housing stock is classified as vacant. Left unchecked, vacant De Leon homes and apartments can be a drag on the real estate market, holding De Leon 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.
De Leon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in De Leon during the period has been just 5.74%, which is lower than 70% of US communities.
Over the last year, De Leon appreciation rates have trailed the rest of the nation. In the last twelve months, De Leon's appreciation rate has been 4.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in De Leon were at 0.10%, which equates to an annual appreciation rate of 0.40%.
Notably, De Leon's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that De Leon's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.
$97,110
for Texas
for nation
936
$874 / per month