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Market Trends

Track property value trends and tax rate changes over the past 5 years. Understand market dynamics to make informed decisions.

Current Avg Value (2024)

$405K

Up 5.2% from 2023

5-Year Growth

+44.6%

From 2020 to 2024

Current Tax Rate

0.76%

Stable across past 2 years

5-Year Trend Analysis

Average Property Values

$280K
2020
$310K
2021
$350K
2022
$385K
2023
$405K
2024

Average Tax Rates

0.74%
2020
0.75%
2021
0.76%
2022
0.76%
2023
0.76%
2024

Top Markets by Growth

CityCurrent Avg Value5-Year GrowthTax Rate
Austin, TX$520K+85.7%0.78%
Los Angeles, CA$850K+52.1%0.65%
Dallas, TX$435K+48.2%0.77%
Houston, TX$405K+44.6%0.76%
San Francisco, CA$1200K+38.5%0.62%
San Antonio, TX$325K+16.1%0.74%

Key Insight

Property values have grown steadily at an average of 9% annually over the past 5 years. Austin shows the strongest growth at 85.7%, while tax rates remain relatively stable across most markets.

Market Outlook

Growth rates are moderating as markets mature. Texas cities continue to show strong appreciation while coastal markets show signs of stabilization. Tax rates are expected to remain stable in most jurisdictions.