Vidor, 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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Vidor, TX Housing Market Trends

With a population of 10,403, 3,929 total housing units (homes and apartments), and a median house value of $91,416, house prices in Vidor are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Vidor, accounting for 60.61% of the city's housing units. Other types of housing that are prevalent in Vidor include mobile homes or trailers ( 24.49%), large apartment complexes or high rise apartments ( 10.25%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.66%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vidor. Owner-occupied housing accounts for 67.83% of Vidor's homes, and 62.77% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Vidor 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 Vidor built between 1940-1969 ( 39.41%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.95%). There's also some housing in Vidor built before 1939 ( 1.04%).

Vacant housing appears to be an issue in Vidor. Fully 15.01% of the housing stock is classified as vacant. Left unchecked, vacant Vidor homes and apartments can be a drag on the real estate market, holding Vidor 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.

Vidor Home Appreciation Rates

Real estate appreciation rates in Vidor's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.39% during the period.

Over the last year, Vidor appreciation rates have trailed the rest of the nation. In the last twelve months, Vidor's appreciation rate has been 2.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vidor were at 2.25%, which equates to an annual appreciation rate of 9.33%.

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

Average Home Values

 

Median Home Value:
$91,416

Vidor, TX HOME PRICES

> $1,162,000
0.6%
0.6%
$871,001 - $1,162,000
0.1%
0.1%
$581,001 - $871,000
0.1%
0.1%
$465,001 - $581,000
0.2%
0.2%
$349,001 - $465,000
3.3%
3.3%
$232,001 - $349,000
8.5%
8.5%
$117,001 - $232,000
31.0%
31.0%
$58,001 - $117,000
30.8%
30.8%
$0 - $58,000
25.4%
25.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for TX

Value Relative To Nation

Number Of Homes And Apartments:
3,929

Vidor Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
98.91% 3.25%
3
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$932 / per month

Homeownership Rate

Owners
67.8%
67.8%
Renters
32.2%
32.2%
Vacant
15.0%
15.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
14.9%
14.9%
1970 - 1999
44.6%
44.6%
1940 - 1969
39.4%
39.4%
1939 or Older
1.0%
1.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.6%
60.6%
Townhomes
1.0%
1.0%
Small Apt. Buildings
3.7%
3.7%
Apt. Complexes
10.3%
10.3%
Mobile Homes
24.5%
24.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.4%
2.4%
1 Bedroom
5.6%
5.6%
2 Bedrooms
29.2%
29.2%
3 Bedrooms
52.3%
52.3%
4 Bedrooms
10.5%
10.5%
5 or more bedrooms
0.0%
0.0%
0.0% 100.0%
% OF HOMES