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 2,887 people, 1,070 houses or apartments, and a median cost of homes of $348,030, Glen Rose real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Glen Rose, accounting for 71.40% of the city's housing units. Other types of housing that are prevalent in Glen Rose include large apartment complexes or high rise apartments ( 18.12%), mobile homes or trailers ( 7.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.93%).
The most prevalent building size and type in Glen Rose are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.13% owning and 37.87% renting.
Glen Rose homes and real estate are some of the newest in America. 40.41% of Glen Rose'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 Glen Rose real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 27.62%), and between 1970-1999 ( 26.47%). There's also some housing in Glen Rose built before 1939 ( 5.51%).
In the last 10 years, Glen Rose has experienced some of the highest home appreciation rates of any community in the nation. Glen Rose real estate appreciated 132.82% over the last ten years, which is an average annual home appreciation rate of 8.82%, putting Glen Rose in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Glen Rose definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Glen Rose that despite a nationwide downturn in the housing market, Glen Rose real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glen Rose appreciation rates continue to be some of the highest in America, at 5.18%, which is higher than appreciation rates in 73.38% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glen Rose. Glen Rose appreciation rates in the latest quarter were at 3.65%, which equates to an annual appreciation rate of 15.40%.
Importantly, this makes Glen Rose one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Texas, our data show that Glen Rose's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.
$348,030
for Texas
for nation
1,070
$2,303 / per month