Housing in Ravenna, TX is quite a bargain compared to the US median value of $338,100. The median value for Ravenna is only $302,000 and has seen an impressive appreciation rate of 21.41% over the last year, more than double the national average of 8.27%. This indicates that there is strong demand from buyers which could make it a great time to invest in property in this area.
The median home cost in Ravenna is $302,000. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Ravenna is up 23.0%.
Average Age of Homes
- The median age of Ravenna real estate is 29 years old
The Rental Market in Ravenna
- Renters make up 5.0% of the Ravenna population
- 0.0% of houses and apartments in Ravenna, 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.