Beaumont, TX is an area that has seen a strong surge in housing values in recent years. The median value of housing in Beaumont is currently $144,200 which is significantly below the US House Median Value of $338,100. However, this difference does not suggest that Beaumont's housing market is stagnating as it has actually experienced a higher rate of appreciation over the past year than the national average with a 10.01% increase compared to 8.27%. This suggests that Beaumont's housing market remains vibrant and likely represents an excellent investment opportunity for those looking to purchase property within the city.
The median home cost in Beaumont is $144,200. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Beaumont is up 11.1%.
Average Age of Homes
- The median age of Beaumont real estate is 42 years old
The Rental Market in Beaumont
- Renters make up 36.8% of the Beaumont population
- 1.2% of houses and apartments in Beaumont, 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.