The housing market in Blooming Grove, TX is booming! The median value of the housing is $173,300, which is significantly lower than the US House Median Value of $338,100. Furthermore, the 1-year appreciation rate of housing in Blooming Grove stands at a staggering 17.68%, which is more than twice the US 1 year House Appreciation rate of 8.27%. This indicates that investing in Blooming Grove real estate would be a smart move and could lead to significant returns over time. With such an exciting outlook for the local housing market, it's no wonder that people are flocking to this vibrant Texas town!
The median home cost in Blooming Grove is $173,300. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Blooming Grove is up 21.3%.
Average Age of Homes
- The median age of Blooming Grove real estate is 57 years old
The Rental Market in Blooming Grove
- Renters make up 21.6% of the Blooming Grove population
- 3.9% of houses and apartments in Blooming Grove, 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.