The housing market in Fate, TX is surging with the median value for homes in the area being $378,800 compared to the US median value of $338,100. What's more impressive is that the appreciation rate for homes in Fate was 17.35%, which is a significantly higher rate than the national average of 8.27%. This speaks volumes as to how rapidly and drastically the housing market in Fate has grown and it certainly looks like an attractive option for potential homebuyers.
The median home cost in Fate is $378,800. Home appreciation the last 10 years has been 160.1%. Home Appreciation in Fate is up 23.4%.
Average Age of Homes
- The median age of Fate real estate is 11 years old
The Rental Market in Fate
- Renters make up 8.0% of the Fate population
- 0.5% of houses and apartments in Fate, 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.