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 2,817 people, 954 houses or apartments, and a median cost of homes of $264,832, Glen Rose real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Glen Rose, accounting for 72.58% of the city's housing units. Other types of housing that are prevalent in Glen Rose include large apartment complexes or high rise apartments ( 17.16%), mobile homes or trailers ( 7.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.88%).
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 63.77% owning and 36.23% renting.
Glen Rose homes and real estate are some of the newest in America. 33.27% 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 ( 31.16%), and between 1970-1999 ( 26.85%). There's also some housing in Glen Rose built before 1939 ( 8.72%).
Appreciation rates for homes in Glen Rose have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.88%, which ranks in the top 30% nationwide. This equates to an annual average Glen Rose house appreciation rate of 7.90%.
Over the last year, Glen Rose appreciation rates have trailed the rest of the nation. In the last twelve months, Glen Rose's appreciation rate has been 4.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glen Rose were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Glen Rose's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.
$264,832
for Texas
for nation
954
$2,307 / per month