HOCKLEY HOUSING MARKET INFORMATION With 19,241 people, 6,502 houses or apartments, and a median cost of homes of $328,258, Hockley real estate prices are well above average cost compared to national prices. Single-family detached homes are the single most common housing type in Hockley, accounting for 77.95% of the town's housing units. Other types of housing that are prevalent in Hockley include mobile homes or trailers ( 15.24%), large apartment complexes or high rise apartments ( 5.95%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hockley. Owner-occupied housing accounts for 75.92% of Hockley's homes, and 73.22% have either three or four bedrooms, which is average sized relative to America. Hockley homes and real estate are some of the newest in America. 65.85% of Hockley's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hockley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.47%), and between 1940-1969 ( 3.03%). HOCKLEY HOME APPRECIATION RATES Appreciation rates for homes in Hockley have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 99.03%, which ranks in the top 50% nationwide. This equates to an annual average Hockley house appreciation rate of 7.13%. Over the last year, Hockley appreciation rates have trailed the rest of the nation. In the last twelve months, Hockley's appreciation rate has been 4.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Hockley were at 2.16%, which equates to an annual appreciation rate of 8.91%. Relative to Texas, our data show that Hockley's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.