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 20,707 people, 6,785 houses or apartments, and a median cost of homes of $636,159, Boerne house prices are not only among the most expensive in Texas, Boerne 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 Boerne, accounting for 67.60% of the city's housing units. Other types of housing that are prevalent in Boerne include large apartment complexes or high rise apartments ( 20.31%), row houses and other attached homes ( 5.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.68%).
The most prevalent building size and type in Boerne are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.81% owning and 42.19% renting.
Boerne homes and real estate are some of the newest in America. 64.66% of Boerne'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 Boerne real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.16%), and between 1940-1969 ( 5.66%). There's also some housing in Boerne built before 1939 ( 2.53%).
In the last 10 years, Boerne has experienced some of the highest home appreciation rates of any community in the nation. Boerne real estate appreciated 124.98% over the last ten years, which is an average annual home appreciation rate of 8.45%, putting Boerne in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Boerne definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Boerne's appreciation rate, at 10.23%, has been at or slightly above the national average. In the latest quarter, Boerne's appreciation rate has been 4.60%, which annualizes to a rate of 19.72%.
Importantly, this makes Boerne 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 Boerne's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Boerne differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Boerne - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Boerne real estate investment or home purchase decisions.
$636,159
for Texas
for nation
6,785
$2,135 / per month