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 9,806, 3,340 total housing units (homes and apartments), and a median house value of $282,596, Bridge City real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bridge City, accounting for 81.03% of the city's housing units. Other types of housing that are prevalent in Bridge City include large apartment complexes or high rise apartments ( 6.68%), duplexes, homes converted to apartments or other small apartment buildings ( 4.43%), and a few mobile homes or trailers ( 3.78%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bridge City. Owner-occupied housing accounts for 78.47% of Bridge City's homes, and 73.14% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Bridge City 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 Bridge City built between 2000 and later ( 26.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.36%).
Vacant housing appears to be an issue in Bridge City. Fully 13.56% of the housing stock is classified as vacant. Left unchecked, vacant Bridge City homes and apartments can be a drag on the real estate market, holding Bridge City 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.
Bridge City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bridge City during the period has been just 5.65%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Bridge City's appreciation rate, at 4.43%, has been at or slightly above the national average. In the latest quarter, Bridge City's appreciation rate has been -0.66%, which annualizes to a rate of -2.60%.
Notably, Bridge City's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Bridge City's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.
$282,596
for Texas
for nation
3,340
$1,784 / per month