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 a population of 4,431, 1,155 total housing units (homes and apartments), and a median house value of $827,977, McLendon-Chisholm house prices are not only among the most expensive in Texas, McLendon-Chisholm real estate also is some of the most expensive in all of America.
McLendon-Chisholm is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in McLendon-Chisholm than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in McLendon-Chisholm. Owner-occupied housing accounts for 99.22% of McLendon-Chisholm's homes, and 83.39% have either three or four bedrooms, which is average sized relative to America.
McLendon-Chisholm homes and real estate are some of the newest in America. 72.71% of McLendon-Chisholm's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the McLendon-Chisholm real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 24.66%), and between 1940-1969 ( 1.53%). There's also some housing in McLendon-Chisholm built before 1939 ( 1.10%).
Appreciation rates for homes in McLendon-Chisholm have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.83%, which ranks in the top 30% nationwide. This equates to an annual average McLendon-Chisholm house appreciation rate of 7.80%.
Over the last year, McLendon-Chisholm appreciation rates have trailed the rest of the nation. In the last twelve months, McLendon-Chisholm's appreciation rate has been 1.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in McLendon-Chisholm were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Relative to Texas, our data show that McLendon-Chisholm's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$827,977
for Texas
for nation
1,155
$4,080 / per month