NEW CANEY HOUSING MARKET INFORMATION With a population of 39,267, 12,198 total housing units (homes and apartments), and a median house value of $302,252, New Caney real estate and house prices are near the national average for all cities and towns. Single-family detached homes are the single most common housing type in New Caney, accounting for 55.19% of the town's housing units. Other types of housing that are prevalent in New Caney include mobile homes or trailers ( 36.55%), large apartment complexes or high rise apartments ( 5.09%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.03%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in New Caney. Owner-occupied housing accounts for 76.14% of New Caney's homes, and 74.94% have either three or four bedrooms, which is average sized relative to America. New Caney homes and real estate are some of the newest in America. 52.99% of New Caney'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 New Caney real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.99%), and between 1940-1969 ( 5.08%). Vacant housing appears to be an issue in New Caney. Fully 10.11% of the housing stock is classified as vacant. Left unchecked, vacant New Caney homes and apartments can be a drag on the real estate market, holding New Caney real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. NEW CANEY HOME APPRECIATION RATES Appreciation rates for homes in New Caney 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 101.59%, which ranks in the top 40% nationwide. This equates to an annual average New Caney house appreciation rate of 7.26%. Over the last year, New Caney appreciation rates have trailed the rest of the nation. In the last twelve months, New Caney'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 New Caney were at 2.16%, which equates to an annual appreciation rate of 8.91%. Relative to Texas, our data show that New Caney's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas. One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within New Caney differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in New Caney - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best New Caney real estate investment or home purchase decisions.