Prairie View, TX is a great place to invest in housing. The median value of homes in the area is $184,600, which is significantly lower than the US house median value of $338,100. Furthermore, the 1 year appreciation rate for houses in Prairie View is 11.67%, significantly higher than the 1 year appreciation rate for houses across the entire United States at 8.27%. This makes investing in property in Prairie View an attractive option due to both the low median value and high rate of appreciation.
The median home cost in Prairie View is $184,600. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Prairie View is up 21.6%.
Average Age of Homes
- The median age of Prairie View real estate is 34 years old
The Rental Market in Prairie View
- Renters make up 45.6% of the Prairie View population
- 4.0% of houses and apartments in Prairie View, 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.