Mansfield, TX is a great place to invest in real estate due to its consistently high housing values. The median value of homes in Mansfield currently sits at $413,000 which is significantly higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Mansfield has been 15.47% compared to the US national average of 8.27%. This means that real estate investments in Mansfield will likely yield greater returns over time than those made elsewhere in the United States.
The median home cost in Mansfield is $413,000. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Mansfield is up 21.8%.
Average Age of Homes
- The median age of Mansfield real estate is 16 years old
The Rental Market in Mansfield
- Renters make up 20.3% of the Mansfield population
- 1.2% of houses and apartments in Mansfield, 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.