The housing market in Balcones Heights, TX is robust, with the median value sitting at $208,300, well below the US House Median Value of $338,100. In addition to the lower cost of housing in Balcones Heights compared to the rest of the country, houses have seen an appreciation rate of 14.34% over the last year—a rate higher than the US 1 year House Appreciation 8.27%. This is an excellent opportunity for anyone looking to buy a home in Balcones Heights and reap the rewards of an appreciating market.
The median home cost in Balcones Heights is $208,300. Home appreciation the last 10 years has been 120.3%. Home Appreciation in Balcones Heights is up 19.8%.
Average Age of Homes
- The median age of Balcones Heights real estate is 47 years old
The Rental Market in Balcones Heights
- Renters make up 77.4% of the Balcones Heights population
- 7.4% of houses and apartments in Balcones Heights, 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.