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 16,774 people, 5,173 houses or apartments, and a median cost of homes of $87,515, house prices in Donna are some of the most affordable in Texas as well as the nation.
Single-family detached homes are the single most common housing type in Donna, accounting for 60.34% of the city's housing units. Other types of housing that are prevalent in Donna include mobile homes or trailers ( 16.89%), duplexes, homes converted to apartments or other small apartment buildings ( 13.61%), and a few large apartment complexes or high rise apartments ( 7.68%).
The most prevalent building size and type in Donna are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.50% owning and 40.50% renting.
There is a lot of housing in Donna 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 Donna built between 2000 and later ( 28.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.25%). There's also some housing in Donna built before 1939 ( 2.00%).
Vacant housing appears to be an issue in Donna. Fully 15.98% of the housing stock is classified as vacant. Left unchecked, vacant Donna homes and apartments can be a drag on the real estate market, holding Donna 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.
Donna's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Donna during the period has been just 5.65%, which is lower than 70% of US communities.
Over the last year, Donna appreciation rates have trailed the rest of the nation. In the last twelve months, Donna's appreciation rate has been -2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Donna were at 7.96%, which equates to an annual appreciation rate of 35.83%.
Importantly, this makes Donna 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 Donna's latest annual appreciation rate is lower 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 Donna differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Donna - 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 Donna real estate investment or home purchase decisions.
$87,515
for Texas
for nation
5,173
$1,217 / per month