Taft, TX is a great place to consider purchasing a home. The median value of housing in Taft is $122,200, which is much lower than the US median value of $338,100. Additionally, Taft has experienced a one year appreciation rate for housing of 13.46%, which is significantly higher than the national average of 8.27%. This makes Taft an ideal area for those looking for a relatively affordable and quickly appreciating home. Furthermore, first-time buyers and those on a tighter budget can benefit from this area's low median value.
The median home cost in Taft is $122,200. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Taft is up 14.1%.
Average Age of Homes
- The median age of Taft real estate is 51 years old
The Rental Market in Taft
- Renters make up 25.4% of the Taft population
- 2.4% of houses and apartments in Taft, 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.