The housing market in Brownwood, TX Metro Area has seen a great appreciation over the past year. The median value of homes in the area is $155,200, which is lower than the US median house value of $338,100. However, the 1-year appreciation of homes in this area is 12.96%, which is higher than the US average of 8.27%. This indicates that there is strong demand for housing in this area and it could be a great time to invest in real estate here.
The median home cost in Brownwood Metro Area is $155,200. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Brownwood Metro Area is up 19.7%.
Average Age of Homes
- The median age of Brownwood Metro Area real estate is 41 years old
The Rental Market in Brownwood Metro Area
- Renters make up 22.0% of the Brownwood Metro Area population
- 1.0% of houses and apartments in Brownwood 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.