Monday, November 13, 2006

Housing Report for Comal County, Texas

Comal County recorded a median home value in 2005 of $152,600, accounted by the American Community Survey. This value is greater than the State of Texas 2005 median home value of $106,000 and less than median home value of $167,500 across the United States during the same year.

When compared to other counties in Texas, Comal County places 7 of 254 in terms of growth of new housing structures between 2001 and 2005. The county stands 71 of 3,141, comparing the percentage change in residential in other US counties.

Comal County may be be described as having a relatively high proportion of residential real estate that is high priced. In 2005, the American Community Survey accounted that 6 percent owner-occupied dwelling are valued over a half a million dollars.

In Comal County, the U.S. Census Bureau, Population Division accounted for a total of 40,240 homes in the year 2005. This county has gone through a growth in housing units, adding a total of 5,950 homes since 2001, or 17.4 percent.

The residential home values in Comal County, Texas have seen large increases from the housing values in 2000. The residential values have increased by $35,600, or 30.4 percent, since their values in that year of $117,000.

There seems to be a fair amount of housing that is affordable in Comal County, Texas. In 2005, 38.3 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

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