The housing situation in Bailey's Prairie, TX is looking very promising. The median value of a house in the area is $322,200, which is significantly lower than the US median value of $338,100. In addition, the appreciation rate for houses in Bailey's Prairie over the last year has been 12.95%, which is more than double the US average of 8.27%. With these factors combined it appears that Bailey's Prairie is a great place to invest in real estate and that values should continue to increase at an above average rate.
The median home cost in Bailey's Prairie is $322,200. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Bailey's Prairie is up 15.9%.
Average Age of Homes
- The median age of Bailey's Prairie real estate is 32 years old
The Rental Market in Bailey's Prairie
- Renters make up 9.0% of the Bailey's Prairie population
- 0.0% of houses and apartments in Bailey's Prairie, 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.