The housing market in Midlothian, TX is quite strong and thriving, with a median value of $419,200 compared to the national median of $338,100. This is an impressive increase of 15.47% in just one year! The national appreciation rate for housing was 8.27% over the same period. Midlothian's higher than average appreciation rate indicates that this town is a great option for those looking to invest in real estate or find a new home.
The median home cost in Midlothian is $419,200. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Midlothian is up 21.8%.
Average Age of Homes
- The median age of Midlothian real estate is 17 years old
The Rental Market in Midlothian
- Renters make up 23.2% of the Midlothian population
- 0.2% of houses and apartments in Midlothian, 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.