Housing in Alvarado, TX is on the rise, as evidenced by the median value of $236,300. In comparison to the US median value of $338,100, Alvarado's housing value is lower. However, this number is quickly increasing, with a one-year house appreciation rate of 15.47%. This rate is significantly higher than the US one-year house appreciation rate of 8.27%. With such positive growth in home values, Alvarado makes an attractive option for those looking to settle down and invest in real estate.
The median home cost in Alvarado is $236,300. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Alvarado is up 21.8%.
Average Age of Homes
- The median age of Alvarado real estate is 34 years old
The Rental Market in Alvarado
- Renters make up 35.9% of the Alvarado population
- 3.1% of houses and apartments in Alvarado, 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.