The housing market in Scenic Oaks, TX has been booming in the past year. The median value of homes in Scenic Oaks is $465,600 which is well above the US median value of $338,100. Additionally, the one-year appreciation rate for housing in Scenic Oaks is 15.14%, more than doubling the national average of 8.27%. This shows that housing prices are going up quickly and that this is an attractive area to invest in real estate.
The median home cost in Scenic Oaks is $465,600. Home appreciation the last 10 years has been 106.8%. Home Appreciation in Scenic Oaks is up 18.6%.
Average Age of Homes
- The median age of Scenic Oaks real estate is 18 years old
The Rental Market in Scenic Oaks
- Renters make up 4.8% of the Scenic Oaks population
- 1.4% of houses and apartments in Scenic Oaks, 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.