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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Inez, TX Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Inez, TX Housing Market Trends

With a population of 2,641, 932 total housing units (homes and apartments), and a median house value of $348,644, Inez real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Inez, accounting for 63.48% of the town's housing units. Other types of housing that are prevalent in Inez include mobile homes or trailers ( 36.52%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Inez. Owner-occupied housing accounts for 84.98% of Inez's homes, and 68.31% have either three or four bedrooms, which is average sized relative to America.

Inez homes and real estate are some of the newest in America. 46.28% of Inez'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 Inez real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.44%), and before 1939 ( 5.12%). There's also some housing in Inez built between 1940-1969 ( 4.15%).

Inez Home Appreciation Rates

Inez's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Inez during the period has been just 4.83%, which is lower than 80% of US communities.

Over the last year, Inez appreciation rates have trailed the rest of the nation. In the last twelve months, Inez's appreciation rate has been -2.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Inez were at 11.10%, which equates to an annual appreciation rate of 52.35%.

Importantly, this makes Inez one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Texas, our data show that Inez's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

Average Home Values

Median Home Value

$348,644

Inez, TX Home Prices
> $1,304,000
$977,001 - $1,304,000
$651,001 - $977,000
$521,001 - $651,000
$391,001 - $521,000
$261,001 - $391,000
$130,001 - $261,000
$65,001 - $130,000
$0 - $65,000
0.6%
0.6%
2.1%
2.1%
17.4%
17.4%
3.4%
3.4%
13.9%
13.9%
25.4%
25.4%
9.7%
9.7%
6.6%
6.6%
21.0%
21.0%
0% 100.0%
% of Homes
High

for Texas

High

for nation

Number of Homes And Apartments:

932

Inez Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,036 / per month

Homeownership Rate

Owners
Renters
85.0%
85.0%
15.0%
15.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.0%
10.0%
90.0%
90.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
46.3%
46.3%
44.4%
44.4%
4.2%
4.2%
5.1%
5.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
63.5%
63.5%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
36.5%
36.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
1.2%
1.2%
24.9%
24.9%
43.4%
43.4%
24.9%
24.9%
5.6%
5.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Inez

Zip Codes in Inez, TX