The housing market in Riesel, TX is on a rapid rise. The median value of housing is currently at $199,800, which is much lower than the national median value of $338,100. However, the 1 year appreciation rate of 17.68% for this city is much higher than the US's 8.27%, showing that the housing market in Riesel is booming. With this rapid increase in home prices and values, it's no surprise that Riesel has become an attractive destination for potential homeowners.
The median home cost in Riesel is $199,800. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Riesel is up 21.3%.
Average Age of Homes
- The median age of Riesel real estate is 39 years old
The Rental Market in Riesel
- Renters make up 18.9% of the Riesel population
- 0.0% of houses and apartments in Riesel, 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.