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 456, 530 total housing units (homes and apartments), and a median house value of $293,213, Ben Wheeler 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 Ben Wheeler, accounting for 80.19% of the town's housing units. Other types of housing that are prevalent in Ben Wheeler include mobile homes or trailers ( 19.81%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ben Wheeler. Owner-occupied housing accounts for 72.83% of Ben Wheeler's homes, and 55.66% have either three or four bedrooms, which is average sized relative to America.
Ben Wheeler homes and real estate are some of the newest in America. 54.15% of Ben Wheeler's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Ben Wheeler real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.02%), and before 1939 ( 2.83%).
In the last 10 years, Ben Wheeler has experienced some of the highest home appreciation rates of any community in the nation. Ben Wheeler real estate appreciated 117.93% over the last ten years, which is an average annual home appreciation rate of 8.10%, putting Ben Wheeler in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ben Wheeler definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Ben Wheeler appreciation rates have trailed the rest of the nation. In the last twelve months, Ben Wheeler's appreciation rate has been 4.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ben Wheeler were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Ben Wheeler's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.
$293,213
for Texas
for nation
530
$1,735 / per month