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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Heath, TX Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Heath, TX Housing Market Trends

With 10,733 people, 3,314 houses or apartments, and a median cost of homes of $819,256, Heath house prices are not only among the most expensive in Texas, Heath real estate also is some of the most expensive in all of America.

Heath is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Heath than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Heath. Owner-occupied housing accounts for 95.87% of Heath's homes, and 77.93% have either three or four bedrooms, which is average sized relative to America.

Heath homes and real estate are some of the newest in America. 48.59% of Heath's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Heath real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 47.43%), and between 1940-1969 ( 3.38%).

Heath Home Appreciation Rates

In the last 10 years, Heath has experienced some of the highest home appreciation rates of any community in the nation. Heath real estate appreciated 118.71% over the last ten years, which is an average annual home appreciation rate of 8.14%, putting Heath in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Heath 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, Heath appreciation rates have trailed the rest of the nation. In the last twelve months, Heath's appreciation rate has been 1.90%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Heath were at 1.89%, which equates to an annual appreciation rate of 7.76%.

Relative to Texas, our data show that Heath's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

Average Home Values

Median Home Value

$819,256

Heath, TX Home Prices
> $1,370,000
$1,027,001 - $1,370,000
$685,001 - $1,027,000
$548,001 - $685,000
$411,001 - $548,000
$274,001 - $411,000
$137,001 - $274,000
$69,001 - $137,000
$0 - $69,000
10.9%
10.9%
11.0%
11.0%
36.4%
36.4%
14.7%
14.7%
12.7%
12.7%
9.6%
9.6%
3.2%
3.2%
0.7%
0.7%
0.7%
0.7%
0% 100.0%
% of Homes
Very High

for Texas

Very High

for nation

Number of Homes And Apartments:

3,314

Heath Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,985 / per month

Homeownership Rate

Owners
Renters
95.9%
95.9%
4.1%
4.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.7%
1.7%
98.3%
98.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
48.6%
48.6%
47.4%
47.4%
3.4%
3.4%
0.6%
0.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
96.8%
96.8%
0.9%
0.9%
0.0%
0.0%
0.8%
0.8%
1.5%
1.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
3.2%
3.2%
31.2%
31.2%
46.8%
46.8%
18.9%
18.9%
0% 100.0%
% of Homes

Popular Neighborhoods in Heath

Zip Codes in Heath, TX