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 3,333 people, 985 houses or apartments, and a median cost of homes of $162,582, house prices in Dilley are solidly below the national average.
Single-family detached homes are the single most common housing type in Dilley, accounting for 57.13% of the city's housing units. Other types of housing that are prevalent in Dilley include mobile homes or trailers ( 19.43%), duplexes, homes converted to apartments or other small apartment buildings ( 12.59%), and a few large apartment complexes or high rise apartments ( 8.01%).
The most prevalent building size and type in Dilley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.17% owning and 48.83% renting.
There is a lot of housing in Dilley 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 Dilley built between 2000 and later ( 24.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.44%). There's also some housing in Dilley built before 1939 ( 3.09%).
Vacant housing appears to be an issue in Dilley. Fully 17.85% of the housing stock is classified as vacant. Left unchecked, vacant Dilley homes and apartments can be a drag on the real estate market, holding Dilley 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.
Appreciation rates for homes in Dilley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.14%, which ranks in the top 30% nationwide. This equates to an annual average Dilley house appreciation rate of 7.55%.
NeighborhoodScout's data show that during the latest twelve months, Dilley's appreciation rate, at 2.71%, has been at or slightly above the national average. In the latest quarter, Dilley's appreciation rate has been 3.65%, which annualizes to a rate of 15.40%.
Importantly, this makes Dilley 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 Dilley's latest annual appreciation rate is lower than 50% of the other cities and towns in Texas.
$162,582
for Texas
for nation
985
$1,765 / per month