The housing market in Sulphur Springs, TX is strong. The median value of houses in the city is $198,000, which is significantly lower than the US median value of $338,100. However, the one-year house appreciation rate in Sulphur Springs is 21.41%, which is more than double the US average of 8.27%. This indicates that Sulphur Springs has a highly desirable housing market and that there are great opportunities for real estate investment in this city.
The median home cost in Sulphur Springs is $198,000. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Sulphur Springs is up 23.0%.
Average Age of Homes
- The median age of Sulphur Springs real estate is 43 years old
The Rental Market in Sulphur Springs
- Renters make up 38.5% of the Sulphur Springs population
- 4.5% of houses and apartments in Sulphur Springs, 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.