Briar, TX is an ideal place to invest in real estate. The median value of homes in the area is $246,700, which is significantly lower than the US house median value of $338,100. This difference presents a great opportunity for potential buyers to get more bang for their buck. Furthermore, the 1 year appreciation rate of houses in Briar has been 15.47%, which is higher than the US rate of 8.27%. For those looking to invest in real estate or to buy a home, Briar is an excellent option with its reasonable prices and increasing home values.
The median home cost in Briar is $246,700. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Briar is up 21.8%.
Average Age of Homes
- The median age of Briar real estate is 31 years old
The Rental Market in Briar
- Renters make up 13.6% of the Briar population
- 0.0% of houses and apartments in Briar, 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.