Hempstead, TX is a great place to invest in real estate with its median housing value being $169,400 which is significantly lower than the US House Median Value of $338,100. This lower housing value is accompanied by an impressive 11.67% 1 year house appreciation rate that exceeds the national 8.27% rate. Hempstead is an attractive option for those looking for a good investment in real estate with potential for high returns and long-term growth.
The median home cost in Hempstead is $169,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Hempstead is up 21.6%.
Average Age of Homes
- The median age of Hempstead real estate is 35 years old
The Rental Market in Hempstead
- Renters make up 39.5% of the Hempstead population
- 1.4% of houses and apartments in Hempstead, 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.