Grandfalls, TX has an affordable housing median value of $112,900, which is significantly lower than the US median house value of $338,100. In the past year, the US house appreciated 8.27%, while Grandfalls, TX only had a 4.71% appreciation in housing values. Homeowners in Grandfalls have the advantage of owning property in an area with more affordable prices and a lower rate of appreciation. Despite this, Grandfalls is still a great place to live with plenty of amenities and attractions that make it an attractive option for those looking for somewhere to settle down.
The median home cost in Grandfalls is $112,900. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Grandfalls is up 7.2%.
Average Age of Homes
- The median age of Grandfalls real estate is 59 years old
The Rental Market in Grandfalls
- Renters make up 32.2% of the Grandfalls population
- 3.4% of houses and apartments in Grandfalls, 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.