The housing market in Escobares, TX is quite strong. The median value of homes in the area is $94,200, which is much lower than the US median value of $338,100. Despite the lower cost of homes in Escobares, TX, the area has seen a significant increase in home appreciation in the last year at 14.13%, higher than the national rate of 8.27%. This indicates that there is strong demand for housing in Escobares and that it is likely to continue to appreciate at a healthy rate for years to come.
The median home cost in Escobares is $94,200. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Escobares is up 23.4%.
Average Age of Homes
- The median age of Escobares real estate is 31 years old
The Rental Market in Escobares
- Renters make up 21.1% of the Escobares population
- 0.0% of houses and apartments in Escobares, 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.