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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.



Joshua, 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

Joshua, TX Housing Market Trends

With a population of 8,667, 2,979 total housing units (homes and apartments), and a median house value of $363,142, Joshua real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Joshua, accounting for 62.36% of the city's housing units. Other types of housing that are prevalent in Joshua include mobile homes or trailers ( 12.68%), large apartment complexes or high rise apartments ( 12.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.60%).

The most prevalent building size and type in Joshua are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.00% owning and 43.00% renting.

There is a lot of housing in Joshua 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 Joshua built between 2000 and later ( 33.91%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.68%). There's also some housing in Joshua built before 1939 ( 2.62%).

Joshua Home Appreciation Rates

In the last 10 years, Joshua has experienced some of the highest home appreciation rates of any community in the nation. Joshua real estate appreciated 131.68% over the last ten years, which is an average annual home appreciation rate of 8.77%, putting Joshua in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Joshua 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, Joshua appreciation rates have trailed the rest of the nation. In the last twelve months, Joshua's appreciation rate has been 2.71%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Joshua were at 1.89%, which equates to an annual appreciation rate of 7.76%.

Relative to Texas, our data show that Joshua's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

Median Home Value

$363,142

Joshua, TX Home Prices
> $1,408,000
$1,056,001 - $1,408,000
$704,001 - $1,056,000
$563,001 - $704,000
$422,001 - $563,000
$282,001 - $422,000
$141,001 - $282,000
$70,001 - $141,000
$0 - $70,000
1.5%
1.5%
0.9%
0.9%
7.6%
7.6%
9.4%
9.4%
21.0%
21.0%
27.2%
27.2%
20.7%
20.7%
5.1%
5.1%
6.6%
6.6%
0% 100.0%
% of Homes
Very High

for Texas

High

for nation

Number of Homes And Apartments:

2,979

Joshua Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,721 / per month

Homeownership Rate

Owners
Renters
57.0%
57.0%
43.0%
43.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.1%
8.1%
91.9%
91.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
33.9%
33.9%
55.8%
55.8%
7.7%
7.7%
2.6%
2.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
62.4%
62.4%
1.0%
1.0%
11.6%
11.6%
12.3%
12.3%
12.7%
12.7%
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
2.2%
2.2%
9.6%
9.6%
21.7%
21.7%
46.3%
46.3%
15.1%
15.1%
5.1%
5.1%
0% 100.0%
% of Homes