The housing market in Ames, TX is quite promising. The median value of a house in Ames is $142,200, which is significantly lower than the US median house value of $338,100. In addition to this price difference, the appreciation rate for houses in Ames is 12.95%, more than 4% higher than the US house appreciation rate of 8.27%. Therefore, it appears that people looking to buy or invest in housing should seriously consider the market in Ames.
The median home cost in Ames is $142,200. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Ames is up 15.9%.
Average Age of Homes
- The median age of Ames real estate is 32 years old
The Rental Market in Ames
- Renters make up 10.6% of the Ames population
- 1.3% of houses and apartments in Ames, 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.