The housing in Irving, TX is very desirable. The median value of a home in the city is $318,100, which is significantly lower than the US house median value of $338,100. Additionally, the one year appreciation rate for houses in Irving is 15.66%, more than double the US one year appreciation rate of 8.27%. This combination of higher appreciation and lower cost make Irving an attractive option for potential homeowners looking for an investment opportunity or to find their dream home.
The median home cost in Irving is $318,100. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Irving is up 23.4%.
Average Age of Homes
- The median age of Irving real estate is 33 years old
The Rental Market in Irving
- Renters make up 56.0% of the Irving population
- 4.4% of houses and apartments in Irving, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.