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 189,382, 56,876 total housing units (homes and apartments), and a median house value of $145,151, house prices in Brownsville 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 Brownsville, accounting for 67.95% of the city's housing units. Other types of housing that are prevalent in Brownsville include large apartment complexes or high rise apartments ( 15.41%), duplexes, homes converted to apartments or other small apartment buildings ( 8.44%), and a few mobile homes or trailers ( 4.84%).
The most prevalent building size and type in Brownsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.85% owning and 40.15% renting.
There is a lot of housing in Brownsville 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 Brownsville built between 2000 and later ( 38.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.15%). There's also some housing in Brownsville built before 1939 ( 1.99%).
Appreciation rates for homes in Brownsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.86%, which ranks in the top 40% nationwide. This equates to an annual average Brownsville house appreciation rate of 7.33%.
Appreciation rates are so strong in Brownsville that despite a nationwide downturn in the housing market, Brownsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brownsville appreciation rates continue to be some of the highest in America, at 12.60%, which is higher than appreciation rates in 94.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brownsville. Brownsville appreciation rates in the latest quarter were at 4.95%, which equates to an annual appreciation rate of 21.32%.
Importantly, NeighborhoodScout’s exclusive research found that Brownsville's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Texas, our data show that Brownsville'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 city. Individual neighborhoods within Brownsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brownsville - 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 Brownsville real estate investment or home purchase decisions.
$145,151
for Texas
for nation
56,876
$1,426 / per month