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 3,556 people, 1,357 houses or apartments, and a median cost of homes of $233,531, house prices in Sweeny are solidly below the national average.
Single-family detached homes are the single most common housing type in Sweeny, accounting for 68.73% of the city's housing units. Other types of housing that are prevalent in Sweeny include large apartment complexes or high rise apartments ( 20.00%), duplexes, homes converted to apartments or other small apartment buildings ( 6.71%), and a few mobile homes or trailers ( 2.31%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sweeny. Owner-occupied housing accounts for 67.29% of Sweeny's homes, and 62.66% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sweeny 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 Sweeny built between 1940-1969 ( 34.80%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.38%). There's also some housing in Sweeny built before 1939 ( 7.05%).
Vacant housing appears to be an issue in Sweeny. Fully 21.56% of the housing stock is classified as vacant. Left unchecked, vacant Sweeny homes and apartments can be a drag on the real estate market, holding Sweeny 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.
Real estate appreciation rates in Sweeny's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.48% during the period.
Over the last year, Sweeny appreciation rates have trailed the rest of the nation. In the last twelve months, Sweeny's appreciation rate has been 4.96%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sweeny were at 1.69%, which equates to an annual appreciation rate of 6.92%.
Relative to Texas, our data show that Sweeny's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.
$233,531
for Texas
for nation
1,357
$1,418 / per month