Farmers Branch, TX is an affluent area with a median housing value of $337,600. This is only slightly below the US median home value of $338,100. In addition to their relatively high values, homes in Farmers Branch appreciate at a faster rate than the national average - over 13% in one year compared to 8.27% nationwide. This data point indicates that Farmers Branch is a desirable place to live and that people are willing to pay a premium for the privilege.
The median home cost in Farmers Branch is $337,600. Home appreciation the last 10 years has been 146.7%. Home Appreciation in Farmers Branch is up 22.5%.
Average Age of Homes
- The median age of Farmers Branch real estate is 48 years old
The Rental Market in Farmers Branch
- Renters make up 37.9% of the Farmers Branch population
- 7.8% of houses and apartments in Farmers Branch, 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.