TOMBALL HOUSING MARKET INFORMATION With a population of 14,201, 5,163 total housing units (homes and apartments), and a median house value of $373,757, Tomball real estate prices are well above average cost compared to national prices. Single-family detached homes are the single most common housing type in Tomball, accounting for 52.85% of the city's housing units. Other types of housing that are prevalent in Tomball include large apartment complexes or high rise apartments ( 34.81%), duplexes, homes converted to apartments or other small apartment buildings ( 7.72%), and a few row houses and other attached homes ( 2.88%). People in Tomball primarily live in small (one, two or no bedroom) single-family detached homes. Tomball has a mixture of owner-occupied and renter-occupied housing. There is a lot of housing in Tomball built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tomball built between 2000 and later ( 31.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.81%). There's also some housing in Tomball built before 1939 ( 3.91%). TOMBALL HOME APPRECIATION RATES Real estate appreciation rates in Tomball's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.63% during the period. Over the last year, Tomball appreciation rates have trailed the rest of the nation. In the last twelve months, Tomball'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 Tomball were at 2.16%, which equates to an annual appreciation rate of 8.91%. Relative to Texas, our data show that Tomball's latest annual appreciation rate is higher than 80% 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 city. Individual neighborhoods within Tomball differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Tomball - 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 Tomball real estate investment or home purchase decisions.