Corpus Christi Real Estate Market Overview
Average Monthly Rent:
$1,096
Percentage Change in Home Price/Value:
5.8%
Median Home Value:
$260,000
Best Time To Sell Home:
July
Affordability Index:
158
Days To Sell House:
61
Job Market:
Weak
Public School Ranking:
28
Location and Weather
Bordering the Gulf of Mexico, in the south region of Texas, sits the coastal city of Corpus Christi. Best known as the Sparkling City of the Sea, Corpus Christi has a reputation for its enticing coastline views, diverse economy, and inexpensive living costs. This city offers its residents the perks of city living or a more “islander” way of living, thanks to the many beaches here.
Corpus Christi has a subtropical climate that consists of humid, rainy summers and mild winters. This is one of the warmest cities in Texas, reaching highs in the mid 90s during August. Winds are frequent in this coastline location, helping maintain the parasailing and kite surfing popularity found here as well.
Population, Job Market and Cost of Living
Corpus Christi has a population of 327,423, with a growth rate of 0.09% annually. The job market has increased by 0.3% over the last year. In ten years, job growth is predicted to be 25.0%. The dynamic economy of this city is led by aerospace, aviation, and manufacturing industries. Corpus Christi is also known as a large military center, as it’s home to the Corpus Christi Naval Air Station and the Corpus Christi Army Depot.
These are some of the major employers here, along with Bay, Ltd, CITGO, First Data Corporation, and Flint Hills Resources. Corpus Christi is the 2nd most affordable city in Texas, with low housing and transportation costs compared to other cities of its size.