The housing market in Von Ormy, TX is booming. The median value of homes in Von Ormy is $103,300, which is significantly lower than the US House Median Value of $338,100. Despite this disparity, Von Ormy has seen a much higher appreciation rate for housing than the national average over the last year; a 15.93% increase compared to 8.27%. This suggests that the area is becoming an increasingly attractive prospect for potential homeowners looking for affordable real estate opportunities while also enjoying a healthy appreciation rate.
The median home cost in Von Ormy is $103,300. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Von Ormy is up 17.4%.
Average Age of Homes
- The median age of Von Ormy real estate is 28 years old
The Rental Market in Von Ormy
- Renters make up 24.8% of the Von Ormy population
- 2.5% of houses and apartments in Von Ormy, 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.