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 2,890, 1,275 total housing units (homes and apartments), and a median house value of $698,837, Wimberley house prices are not only among the most expensive in Texas, Wimberley real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Wimberley, accounting for 81.07% of the city's housing units. Other types of housing that are prevalent in Wimberley include large apartment complexes or high rise apartments ( 12.17%), mobile homes or trailers ( 5.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.57%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wimberley. Owner-occupied housing accounts for 68.98% of Wimberley's homes, and 62.56% have either three or four bedrooms, which is average sized relative to America.
Wimberley homes and real estate are some of the newest in America. 45.84% of Wimberley'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 Wimberley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 45.55%), and between 1940-1969 ( 8.61%).
In the last 10 years, Wimberley has experienced some of the highest home appreciation rates of any community in the nation. Wimberley real estate appreciated 125.62% over the last ten years, which is an average annual home appreciation rate of 8.48%, putting Wimberley in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Wimberley 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, Wimberley appreciation rates have trailed the rest of the nation. In the last twelve months, Wimberley's appreciation rate has been 1.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wimberley were at 1.70%, which equates to an annual appreciation rate of 6.99%.
Relative to Texas, our data show that Wimberley's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$698,837
for Texas
for nation
1,275
$1,887 / per month