The housing market in Alamo Heights, TX is very strong. The median value of houses in the area is nearly double that of the US median value, at $694,400 compared to $338,100. This reflects a significant appreciation rate of 14.34%, which is greater than the national average of 8.27%. Buyers looking for a home in this area can expect to pay higher prices but also enjoy a stronger rate of return on their investment over time.
The median home cost in Alamo Heights is $694,400. Home appreciation the last 10 years has been 120.3%. Home Appreciation in Alamo Heights is up 19.8%.
Average Age of Homes
- The median age of Alamo Heights real estate is 67 years old
The Rental Market in Alamo Heights
- Renters make up 17.9% of the Alamo Heights population
- 4.4% of houses and apartments in Alamo Heights, 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.