The housing market in Bandera, TX is showing strong signs of growth. The median value of a house in Bandera is currently $352,200, which is slightly higher than the US median value of $338,100. Over the past year, the appreciation rate for homes in Bandera has been 15.93%, more than double the US average of 8.27%. This indicates that people are investing in Bandera housing and that prices are likely to continue to rise in the near future.
The median home cost in Bandera is $352,200. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Bandera is up 17.4%.
Average Age of Homes
- The median age of Bandera real estate is 56 years old
The Rental Market in Bandera
- Renters make up 32.1% of the Bandera population
- 4.5% of houses and apartments in Bandera, 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.