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 6,099, 2,256 total housing units (homes and apartments), and a median house value of $122,984, house prices in Crystal City 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 Crystal City, accounting for 67.73% of the city's housing units. Other types of housing that are prevalent in Crystal City include duplexes, homes converted to apartments or other small apartment buildings ( 13.42%), mobile homes or trailers ( 12.98%), and a few large apartment complexes or high rise apartments ( 3.02%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crystal City. Owner-occupied housing accounts for 65.19% of Crystal City's homes, and 73.64% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Crystal City's housing was primarily built during this period, from the '40s through the '60s. A full 41.80% of the city's housing hails from this era. Other housing ages represented in Crystal City include homes built between 1970-1999 ( 38.31%) and housing constructed before 1939 ( 11.19%). There's also some housing in Crystal City built between 2000 and later ( 8.69%).
Vacant housing appears to be an issue in Crystal City. Fully 10.44% of the housing stock is classified as vacant. Left unchecked, vacant Crystal City homes and apartments can be a drag on the real estate market, holding Crystal City 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, Crystal City has experienced some of the highest home appreciation rates of any community in the nation. Crystal City real estate appreciated 115.37% over the last ten years, which is an average annual home appreciation rate of 7.97%, putting Crystal City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crystal City 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, Crystal City's appreciation rate, at 2.89%, has been at or slightly above the national average. In the latest quarter, Crystal City's appreciation rate has been 3.65%, which annualizes to a rate of 15.40%.
Importantly, this makes Crystal City 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 Crystal City's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.
$122,984
for Texas
for nation
2,256
$861 / per month