Cedar Park, TX has a median housing value of $516,500 which is significantly higher than the US median housing value of $338,100. In the past year, Cedar Park has seen an increase in housing values of 13.22%, which is significantly higher than the US rate of 8.27%. This trend indicates that Cedar Park is quickly becoming one of the most sought out areas for those looking for a place to call home and invest in property.
The median home cost in Cedar Park is $516,500. Home appreciation the last 10 years has been 174.6%. Home Appreciation in Cedar Park is up 20.0%.
Average Age of Homes
- The median age of Cedar Park real estate is 15 years old
The Rental Market in Cedar Park
- Renters make up 29.5% of the Cedar Park population
- 1.9% of houses and apartments in Cedar Park, 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.