University Park in Texas has a median housing value of $1,659,500 which is five times higher than the US median house value of $338,100. Furthermore, the house appreciation rate over the past year in University Park has been 13.78%, significantly higher than the national average of 8.27%. This makes it one of the most sought-after places to buy property in the US and shows that real estate in University Park retains its value over time.
The median home cost in University Park (zip 75205) is $1,659,500. Home appreciation the last 10 years has been 146.5%. Home Appreciation in University Park (zip 75205) is up 22.5%.
Average Age of Homes
- The median age of University Park (zip 75205) real estate is 42 years old
The Rental Market in University Park (zip 75205)
- Renters make up 34.5% of the University Park (zip 75205) population
- 3.4% of houses and apartments in University Park (zip 75205), 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.