The housing market in Pasadena, TX is doing quite well compared to the national average. The median value of a house in Pasadena, TX is $215,100 which is significantly lower than the US median value of $338,100. Additionally, the house appreciation rate over the past year in Pasadena, TX has been 12.90%, higher than the US average of 8.27%. This data demonstrates that housing in Pasadena, TX is an attractive option for potential buyers and investors.
The median home cost in Pasadena is $215,100. Home appreciation the last 10 years has been 110.7%. Home Appreciation in Pasadena is up 15.8%.
Average Age of Homes
- The median age of Pasadena real estate is 43 years old
The Rental Market in Pasadena
- Renters make up 39.7% of the Pasadena population
- 5.1% of houses and apartments in Pasadena, 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.