Balch Springs, TX has an impressive median housing value of $222,000, which is significantly lower than the US national median value of $338,100. In the last year, the appreciation rate for housing in Balch Springs was 19.06%, compared to 8.27% nationally. This indicates a strong and growing housing market in Balch Springs that is well worth looking into for anyone considering moving to or investing in the area.
The median home cost in Balch Springs is $222,000. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Balch Springs is up 23.5%.
Average Age of Homes
- The median age of Balch Springs real estate is 36 years old
The Rental Market in Balch Springs
- Renters make up 39.4% of the Balch Springs population
- 4.1% of houses and apartments in Balch Springs, 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.