Monday, November 13, 2006

Housing Report for Bastrop County, Texas

In Bastrop County, the real estate market was made up of 24,273 homes in 2005. The county has experienced a growth in housing units, adding a sum of 1,500 residential structures since 2001, a change of 6.6 percent.

The residential home values in Bastrop County, Texas have moderate increases from the housing values in 2000. The residential values have increased by $13,500, or 14.5 percent, since 2000 when they were valued at $93,400.

Throughout the State of Texas, Bastrop County is positioned 31 of 254 by percentage growth in residential real estate. The county is positioned 583 of 3,141, comparing the percentage change in residential in other US counties.

Bastrop County had an owner-occupied dwelling median in 2005 of $106,900, according to the American Community Survey. This median is greater than the State of Texas 2005 median home value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.

There seems to be a large amount affordable residential real estate in Bastrop County, Texas. In 2005, 57.4 percent of housing was valued under $125k.

Bastrop County is made up of a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 6.5 percent of the houses are valued over a half a million dollars.

Data Source: U.S. Census Bureau

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