The housing market in Salado, TX is very different compared to the national average. According to recent data, the median value of a house in Salado is $463,700 whilst the US house median value is only $338,100. Whilst the US had a 1 year house appreciation rate of 8.27%, Salado, TX saw its houses appreciate by 16.21% during this same period showing that it has a much higher growth rate than the rest of the country. This shows that Salado, TX is an attractive destination for property investment and buyers looking for high-value homes should consider this city as an option.
The median home cost in Salado is $463,700. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Salado is up 24.0%.
Average Age of Homes
- The median age of Salado real estate is 25 years old
The Rental Market in Salado
- Renters make up 9.6% of the Salado population
- 1.1% of houses and apartments in Salado, 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.