The median value of housing in Lamesa, TX is $80,500 which is significantly lower than the US median value of $338,100. Despite this difference, the one-year house appreciation rate in Lamesa is surprisingly higher than the national average at 16.22% compared to 8.27%. This suggests that there are opportunities for potential buyers and current homeowners looking to benefit from an increase in their home’s value over time.
The median home cost in Lamesa is $80,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lamesa is up 19.7%.
Average Age of Homes
- The median age of Lamesa real estate is 54 years old
The Rental Market in Lamesa
- Renters make up 23.3% of the Lamesa population
- 0.9% of houses and apartments in Lamesa, 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.