Runge, TX is a great place to buy a home. The median housing value in Runge is $114,000, which is significantly lower than the US median of $338,100. Additionally, the appreciation rate of houses in Runge over the last year was 16.24%, which is much higher than the US average of 8.27%. This makes now an opportune time to invest in Runge's real estate market as values are increasing quickly and prices remain relatively low.
The median home cost in Runge is $114,000. Home appreciation the last 10 years has been 114.2%. Home Appreciation in Runge is up 19.4%.
Average Age of Homes
- The median age of Runge real estate is 50 years old
The Rental Market in Runge
- Renters make up 32.3% of the Runge population
- 2.9% of houses and apartments in Runge, 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.