The housing market in Bellaire, TX is very strong and has a high median value of $923,500, which is significantly higher than the US house median value of $338,100. In terms of appreciation, the US rate for one year was 8.27%, while Bellaire saw a much higher increase at 11.67%. This shows that there is an upward trend in the housing market in Bellaire and that it is a great place to invest in real estate.
The median home cost in Bellaire is $923,500. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Bellaire is up 21.6%.
Average Age of Homes
- The median age of Bellaire real estate is 25 years old
The Rental Market in Bellaire
- Renters make up 11.6% of the Bellaire population
- 2.0% of houses and apartments in Bellaire, 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.