The housing market in Timpson, TX is booming. The median value of homes in the city is $163,300, which is much lower than the US House Median Value of $338,100. However, the one year appreciation rate in Timpson is 16.22%, which is more than double the US 1 year House Appreciation rate of 8.27%. This shows that real estate in the area has been steadily increasing in value and is a great investment opportunity for those looking to purchase a home.
The median home cost in Timpson is $163,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Timpson is up 19.7%.
Average Age of Homes
- The median age of Timpson real estate is 48 years old
The Rental Market in Timpson
- Renters make up 38.7% of the Timpson population
- 2.4% of houses and apartments in Timpson, 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.