The housing market in Lake Brownwood, TX is a great place for potential buyers looking for a good deal. The median value of homes in the area is currently $118,000, much lower than the national median value of $338,100. In addition to the more affordable house values, the appreciation rate for homes in Lake Brownwood has been higher than that of the US overall at 16.22% compared to 8.27%. This indicates that prices in Lake Brownwood may be on an upward trend and those considering purchasing a home here may stand to benefit from further appreciation.
The median home cost in Lake Brownwood is $118,000. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lake Brownwood is up 19.7%.
Average Age of Homes
- The median age of Lake Brownwood real estate is 43 years old
The Rental Market in Lake Brownwood
- Renters make up 10.9% of the Lake Brownwood population
- 0.0% of houses and apartments in Lake Brownwood, 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.