Alamo, TX is known for having a relatively affordable housing market compared to other US markets. The median value of houses in Alamo is $140,500, which is significantly lower than the US median value of $338,100. Even so, the appreciation rate of houses in Alamo has been strong over the past year with an increase of 14.13%, which is higher than the national average of 8.27%. This indicates that houses in Alamo are becoming increasingly more valuable and desirable as time goes on.
The median home cost in Alamo is $140,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Alamo is up 23.4%.
Average Age of Homes
- The median age of Alamo real estate is 25 years old
The Rental Market in Alamo
- Renters make up 17.8% of the Alamo population
- 2.7% of houses and apartments in Alamo, 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.