Cottonwood, TX has a median housing value that is considerably lower than the national average. However, despite its affordability, the one year house appreciation rate in Cottonwood has actually been higher than the national average at 19.07%. This suggests that although Cottonwood may be an affordable option for many people when it comes to housing, it also offers potential financial advantages due to its relatively high appreciation rate.
The median home cost in Cottonwood is $311,300. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Cottonwood is up 23.5%.
Average Age of Homes
- The median age of Cottonwood real estate is 37 years old
The Rental Market in Cottonwood
- Renters make up 12.5% of the Cottonwood population
- 0.0% of houses and apartments in Cottonwood, 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.