Monday, November 13, 2006

Housing Report for Bowie County, Texas

The State of Texas, Bowie County places 71 of 254 by percentage growth in residential real estate. The county is positioned 1,462 of 3,141, comparing the percentage change in residential in other US counties.

The residential home values in Bowie County, Texas have small increases since the Census values accounted for in the year 2000. The values have increased by $3,000, or 4.5 percent, since their values in that year of $66,600.

In Bowie County, the U.S. Census Bureau, Population Division accounted for a total of 38,084 housing structures in 2005. The area has seen growth in housing units, adding a sum of 1,033 residential units since 2001, or 2.8 percent.

Bowie County is made up of a small, but present proportion of residential real estate that is high priced. In 2005, the American Community Survey accounted that 0.6 percent of the homes were valued over $500,000.

There seems to be a large amount of housing that is affordable in Bowie County, Texas. In 2005, 83.4 percent of the homes were valued under $125,000.

Bowie County recorded median owner-occupied home value in the year 2005 of $69,600, reported by the American Community Survey. This median is less than the overall Texas 2005 home value of $106,000 and less than median home value of $167,500 for the United States in the same year.

Data Source: U.S. Census Bureau

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