Wheeler, TX is a great place to invest in real estate. According to the data provided, the median value of housing in Wheeler is $122,700 and the US median is $338,100. Over the past year, housing appreciation for both Wheeler and the US was strong at 12.81% and 8.27% respectively. This implies that investing in real estate in Wheeler can be an attractive proposition as it offers higher returns than the national average despite lower property values.
The median home cost in Wheeler is $122,700. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Wheeler is up 11.4%.
Average Age of Homes
- The median age of Wheeler real estate is 52 years old
The Rental Market in Wheeler
- Renters make up 19.9% of the Wheeler population
- 2.2% of houses and apartments in Wheeler, 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.