Buchanan Lake Village, TX is an area with a relatively low housing median value of $172,400 compared to the US house median value of $338,100. Despite this difference, housing prices in Buchanan Lake Village still experienced more appreciation than the national average of 8.27% over the past year; with house prices in Buchanan Lake Village appreciating 13.25%. This increase in home values can be attributed to increasing demand for living in this area and the variety of amenities that it has to offer.
The median home cost in Buchanan Lake Village is $172,400. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Buchanan Lake Village is up 20.0%.
Average Age of Homes
- The median age of Buchanan Lake Village real estate is 39 years old
The Rental Market in Buchanan Lake Village
- Renters make up 12.5% of the Buchanan Lake Village population
- 0.0% of houses and apartments in Buchanan Lake Village, 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.