Harlingen, TX is a great place to invest in real estate. The median value of housing in the city is $164,000 and is significantly lower than the US median market value of $338,100. Currently, the US annual house appreciation rate is 8.27%, however in Harlingen it has been reported at 14.13%. This means that investing in a home in Harlingen could result in a higher return on investment over the course of a year compared to other locations. With a low median home price and an attractive appreciation rate, Harlingen could be an ideal place for individuals looking to invest in real estate.
The median home cost in Harlingen is $164,000. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Harlingen is up 23.4%.
Average Age of Homes
- The median age of Harlingen real estate is 35 years old
The Rental Market in Harlingen
- Renters make up 34.4% of the Harlingen population
- 2.5% of houses and apartments in Harlingen, 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.