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 13,276, 4,994 total housing units (homes and apartments), and a median house value of $240,159, house prices in Andrews are solidly below the national average.
Single-family detached homes are the single most common housing type in Andrews, accounting for 78.40% of the city's housing units. Other types of housing that are prevalent in Andrews include mobile homes or trailers ( 11.66%), large apartment complexes or high rise apartments ( 4.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.11%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Andrews. Owner-occupied housing accounts for 69.13% of Andrews's homes, and 70.04% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Andrews's housing was primarily built during this period, from the '40s through the '60s. A full 46.07% of the city's housing hails from this era. Other housing ages represented in Andrews include homes built between 1970-1999 ( 32.86%) and housing constructed between 2000 and later ( 21.07%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Andrews, where house values have increased just 48.00%, which is annualized rate of 4.00%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Andrews appreciation rates have trailed the rest of the nation. In the last twelve months, Andrews's appreciation rate has been 1.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Andrews were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Andrews's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$240,159
for Texas
for nation
4,994
$2,595 / per month