The housing market in Breckenridge, TX is experiencing a surge in both median value and appreciation rate. The median value of housing in Breckenridge is currently $128,600 which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate for Breckenridge is 16.22%, much higher than 8.27% for the US as a whole. This data suggests that Breckenridge is becoming an increasingly attractive area to buy property making it an ideal place to invest in the real estate market.
The median home cost in Breckenridge is $128,600. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Breckenridge is up 19.7%.
Average Age of Homes
- The median age of Breckenridge real estate is 55 years old
The Rental Market in Breckenridge
- Renters make up 27.7% of the Breckenridge population
- 5.0% of houses and apartments in Breckenridge, 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.