The housing market in Brownsville-Harlingen, TX Metro Area is booming with a median value of $164,500. This is nearly half of the median house value across the United States which is about $338,100. The appreciation rate for houses in this area has been strong with an annual growth rate of 21.41%, well above the US average of 8.27%. Given these numbers, there is clearly an opportunity to invest in housing in this area as prices continue to rise at a steady pace.
The median home cost in Brownsville-Harlingen Metro Area is $164,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Brownsville-Harlingen Metro Area is up 23.4%.
Average Age of Homes
- The median age of Brownsville-Harlingen Metro Area real estate is 29 years old
The Rental Market in Brownsville-Harlingen Metro Area
- Renters make up 27.3% of the Brownsville-Harlingen Metro Area population
- 2.1% of houses and apartments in Brownsville-Harlingen Metro Area, 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.