Housing Report for Corpus Christi
Corpus Christi had a median home value in the year 2005 of $83,500, reported by the American Community Survey. This home value is less than the overall Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the United States in the same year.
The residential real estate values in Corpus Christi, Texas have experienced moderate increases since the Census values accounted for in the year 2000. The values have increased by $14,000, or 20.1 percent, from their 2000 median values of $69,500.
In the State of Texas, Corpus Christi ranks 12 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 205 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
In Corpus Christi, there were a total of 170,633 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding all together 7,644 homes since 2001, or 4.7 percent.
Corpus Christi can be understood as having a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey reported that 1.1 percent of the areas residential property was valued over $500k.
There seems to be a large amount of affordable housing in Corpus Christi, Texas. In 2005, 72.9 percent of residential real estate was valued under $125,000.
Data Source: U.S. Census Bureau
The residential real estate values in Corpus Christi, Texas have experienced moderate increases since the Census values accounted for in the year 2000. The values have increased by $14,000, or 20.1 percent, from their 2000 median values of $69,500.
In the State of Texas, Corpus Christi ranks 12 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 205 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
In Corpus Christi, there were a total of 170,633 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding all together 7,644 homes since 2001, or 4.7 percent.
Corpus Christi can be understood as having a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey reported that 1.1 percent of the areas residential property was valued over $500k.
There seems to be a large amount of affordable housing in Corpus Christi, Texas. In 2005, 72.9 percent of residential real estate was valued under $125,000.
Data Source: U.S. Census Bureau
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