New Braunsfels, TX

Population: 66,394
Average annual home appreciation rate: 13.49%
Total of homes for sale in this market: 1,251
Median home price: $186,346
Median Rent: $1,090 per room
Home price range: 49.81% of homes are between $114,001 – $229,000
Median sales price: NO DATA
Number of homes: 131
Median foreclosure sales price: $97,280
Foreclosure discount: NO DATA
Most common home type: 71.60% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.85%
Number of renters: 36.53%
Number of owner occupied: 63.47%
Number people living below poverty level: 11.95%
Unemployment rate: 2.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the New Braunfels area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor. Since one year ago this month, the home appreciation rate in New Braunfels has increased and home prices have shown a steady rise.

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