The housing in O'Donnell, TX is much more affordable than the nationwide median value of $338,100. The median value of a house in O'Donnell, TX is only $116,500, which is over 70% lower than the national house median value. This low cost is attracting more people to invest in O'Donnell real estate—over the past year this area has experienced an impressive 16.22% appreciation rate, nearly double the US-wide 8.27% appreciation rate. With such growth and affordability, it's no surprise that O'Donnell housing market is becoming increasingly desirable for homebuyers.
The median home cost in O'Donnell is $116,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in O'Donnell is up 19.7%.
Average Age of Homes
- The median age of O'Donnell real estate is 54 years old
The Rental Market in O'Donnell
- Renters make up 26.5% of the O'Donnell population
- 8.0% of houses and apartments in O'Donnell, 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.