New Home, TX is a great place when it comes to housing. The median value of a house in New Home is $181,400, which is significantly less than the US House Median Value of $338,100. Additionally, the 1 year appreciation rate for homes in New Home was 16.22%, which was much greater than the US 1 year House Appreciation rate of 8.27%. This means that those looking to purchase a home in New Home can find more affordable options compared to other areas as well as potentially benefit from larger returns on their real estate investments over time.
The median home cost in New Home is $181,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in New Home is up 19.7%.
Average Age of Homes
- The median age of New Home real estate is 43 years old
The Rental Market in New Home
- Renters make up 23.9% of the New Home population
- 0.0% of houses and apartments in New Home, 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.