The housing market in Ballinger, TX is quite strong. The median value of homes is $98,100, which is significantly lower than the US median value of $338,100. This creates an affordable option for many people looking to buy a home. Additionally, the 1 year house appreciation rate in Ballinger is 16.22%, more than double the 8.27% US average. This indicates that housing values are increasing rapidly in Ballinger and it may be a great time to invest in a home there.
The median home cost in Ballinger is $98,100. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Ballinger is up 19.7%.
Average Age of Homes
- The median age of Ballinger real estate is 65 years old
The Rental Market in Ballinger
- Renters make up 18.4% of the Ballinger population
- 0.0% of houses and apartments in Ballinger, 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.