The housing market in Iraan, TX is strong and growing, with a median home value of $140,500. This is substantially lower than the national average median home value of $338,100. Nevertheless, the area has still seen positive growth over the past year, with an appreciation rate of 4.71%. Although this rate lags behind the US average 1-year appreciation rate of 8.27%, it still represents an increase in home value and makes Iraan an attractive option for potential buyers.
The median home cost in Iraan is $140,500. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Iraan is up 7.2%.
Average Age of Homes
- The median age of Iraan real estate is 53 years old
The Rental Market in Iraan
- Renters make up 29.7% of the Iraan population
- 0.0% of houses and apartments in Iraan, 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.