Housing in Lucas, TX is significantly more expensive than the US median value, with a median housing value of $934,100. This is almost three times the US median value of $338,100. Furthermore, the appreciation rate for housing in Lucas is much higher than the national average at 15.66%, compared to 8.27%. This indicates that housing in Lucas is a strong investment, and provides evidence of a growing market for property and homes in this area.
The median home cost in Lucas is $934,100. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Lucas is up 23.4%.
Average Age of Homes
- The median age of Lucas real estate is 17 years old
The Rental Market in Lucas
- Renters make up 14.5% of the Lucas population
- 0.2% of houses and apartments in Lucas, 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.