Mertzon, TX is an excellent area to consider when looking for a place to call home. With a median house value of $131,200, it is significantly lower than the US median of $338,100. The 1 year appreciation rate in Mertzon has been 11.51%, which is higher than the US average of 8.27%. This makes Mertzon a great option for those looking to invest in real estate or purchase a home for their family and enjoy increasing returns on their investment.
The median home cost in Mertzon is $131,200. Home appreciation the last 10 years has been 93.8%. Home Appreciation in Mertzon is up 15.5%.
Average Age of Homes
- The median age of Mertzon real estate is 51 years old
The Rental Market in Mertzon
- Renters make up 21.1% of the Mertzon population
- 0.0% of houses and apartments in Mertzon, 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.