Palacios, TX is a great place to buy a house due to its relatively low median housing value of $158,500 compared to the US median housing value of $338,100. In addition, the one-year appreciation rate for houses in Palacios is 11.67%, higher than the national average of 8.27%. This means that buying a house in Palacios can be seen as a good investment with potential for growth over time. With plenty of great housing options and affordable prices, Palacios makes it easy for people looking for a new home to find what they are looking for.
The median home cost in Palacios is $158,500. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Palacios is up 21.6%.
Average Age of Homes
- The median age of Palacios real estate is 42 years old
The Rental Market in Palacios
- Renters make up 26.0% of the Palacios population
- 2.3% of houses and apartments in Palacios, 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.