Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,353 people, 2,751 houses or apartments, and a median cost of homes of $180,297, house prices in Dalhart are solidly below the national average.
Single-family detached homes are the single most common housing type in Dalhart, accounting for 76.69% of the city's housing units. Other types of housing that are prevalent in Dalhart include large apartment complexes or high rise apartments ( 9.07%), mobile homes or trailers ( 8.59%), and a few row houses and other attached homes ( 3.36%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dalhart. Owner-occupied housing accounts for 71.47% of Dalhart's homes, and 65.84% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Dalhart 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 Dalhart built between 1940-1969 ( 26.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.48%). There's also some housing in Dalhart built before 1939 ( 7.74%).
Vacant housing appears to be an issue in Dalhart. Fully 16.84% of the housing stock is classified as vacant. Left unchecked, vacant Dalhart homes and apartments can be a drag on the real estate market, holding Dalhart 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.
Dalhart's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dalhart during the period has been just 4.85%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Dalhart's appreciation rate, at 3.76%, has been at or slightly above the national average. In the latest quarter, Dalhart's appreciation rate has been 3.65%, which annualizes to a rate of 15.40%.
Importantly, this makes Dalhart one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Texas, our data show that Dalhart's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.
$180,297
for Texas
for nation
2,751
$1,525 / per month