Housing Report for Beaumont-Port Arthur
In Beaumont-Port Arthur, the U.S. Census Bureau, Population Division accounted for a total of 162,168 homes in 2005. The metro area has experienced a medium level of growth in the number housing units, adding a total of 4,028 housing units since the year 2001, or 2.5 percent.
The residential housing values in Beaumont-Port Arthur, Texas have experienced moderate increases since their reported values in 2000. The values have increased by $11,400, or 18.2 percent, from their 2000 median values of $62,500.
Beaumont-Port Arthur had an owner-occupied dwelling median in 2005 of $73,900, reported by the American Community Survey. This home value is less than the Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.
Beaumont-Port Arthur has a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey reports that 0.6 percent of the houses were valued over a half a million dollars.
When comparing areas across the State of Texas, Beaumont-Port Arthur places 19 of the 25 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 292 of 361, comparing the percentage change in residential real estate in other US MSAs.
According to the data, there is a large amount of housing that is affordable in Beaumont-Port Arthur, Texas. In 2005, 78 percent of owner-occupied dwellings were valued under $125k.
Data Source: U.S. Census Bureau
The residential housing values in Beaumont-Port Arthur, Texas have experienced moderate increases since their reported values in 2000. The values have increased by $11,400, or 18.2 percent, from their 2000 median values of $62,500.
Beaumont-Port Arthur had an owner-occupied dwelling median in 2005 of $73,900, reported by the American Community Survey. This home value is less than the Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.
Beaumont-Port Arthur has a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey reports that 0.6 percent of the houses were valued over a half a million dollars.
When comparing areas across the State of Texas, Beaumont-Port Arthur places 19 of the 25 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 292 of 361, comparing the percentage change in residential real estate in other US MSAs.
According to the data, there is a large amount of housing that is affordable in Beaumont-Port Arthur, Texas. In 2005, 78 percent of owner-occupied dwellings were valued under $125k.
Data Source: U.S. Census Bureau
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