The housing market in 75180 Balch Springs, TX is very strong, with a median housing value of $232,100 compared to the US median housing value of $338,100. This price difference is reflected in the appreciation rate, as the US 1 year house appreciation rate is 8.27%, and in Balch Springs it is 19.07%. This reflects an impressive increase in value over the past year for homeowners in Balch Springs. It also makes it a desirable option for potential buyers looking for a great investment opportunity.
The median home cost in Balch Springs (zip 75180) is $232,100. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Balch Springs (zip 75180) is up 23.5%.
Average Age of Homes
- The median age of Balch Springs (zip 75180) real estate is 37 years old
The Rental Market in Balch Springs (zip 75180)
- Renters make up 39.8% of the Balch Springs (zip 75180) population
- 4.2% of houses and apartments in Balch Springs (zip 75180), 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.