The housing market in Electra, TX is thriving. The median value of homes in Electra is $69,700, which is much lower than the national median value of $338,100. In the past year, the appreciation rate for homes in Electra has been 15.22%, which is significantly higher than the 8.27% appreciation rate for homes across the United States. This makes Electra an attractive option for potential homebuyers who are seeking a great deal and a strong return on their investment.
The median home cost in Electra is $69,700. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Electra is up 16.6%.
Average Age of Homes
- The median age of Electra real estate is 65 years old
The Rental Market in Electra
- Renters make up 25.4% of the Electra population
- 1.9% of houses and apartments in Electra, 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.