Housing Report for Tyler
In Tyler, the real estate market was made up of 75,779 housing units in the year 2005. This represents a medium level of growth in the number housing units, adding all together 2,925 homes since 2001, or 4 percent.
The residential housing values in Tyler, Texas have experienced moderate increases since their reported values in 2000. The values have increased by $16,400, or 19.9 percent, since 2000 when their medians were reported to be $82,600.
Tyler had a median home value in the year 2005 of $99,000, reported by the American Community Survey. This home value is less than the overall State of Texas 2005 median owner-occupied dwelling value of $106,000 and less than home value of $167,500 across the nation during that year.
Tyler can be understood as having a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey accounted that 2 percent of the homes were valued over $500,000.
Throughout the State of Texas, Tyler is positioned 14 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 240 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.
It can be understood that there is a large amount affordable residential real estate in Tyler, Texas. In 2005, 62.1 percent of the homes were valued under $125,000.
Data Source: U.S. Census Bureau
The residential housing values in Tyler, Texas have experienced moderate increases since their reported values in 2000. The values have increased by $16,400, or 19.9 percent, since 2000 when their medians were reported to be $82,600.
Tyler had a median home value in the year 2005 of $99,000, reported by the American Community Survey. This home value is less than the overall State of Texas 2005 median owner-occupied dwelling value of $106,000 and less than home value of $167,500 across the nation during that year.
Tyler can be understood as having a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey accounted that 2 percent of the homes were valued over $500,000.
Throughout the State of Texas, Tyler is positioned 14 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 240 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.
It can be understood that there is a large amount affordable residential real estate in Tyler, Texas. In 2005, 62.1 percent of the homes were valued under $125,000.
Data Source: U.S. Census Bureau
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