The housing market in Friendswood, TX is strong. The median value of homes in the area is $413,300, which is significantly higher than the US house median value of $338,100. Additionally, the one year appreciation rate for houses in Friendswood is 12.95%, compared to 8.27% for the United States as a whole. This shows that real estate within Friendswood is increasing quickly in value, making it an attractive option for potential buyers and investors alike.
The median home cost in Friendswood is $413,300. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Friendswood is up 15.9%.
Average Age of Homes
- The median age of Friendswood real estate is 29 years old
The Rental Market in Friendswood
- Renters make up 19.3% of the Friendswood population
- 1.6% of houses and apartments in Friendswood, 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.