Housing in Blackwell, TX is significantly more affordable than the national average. The median value of a home in Blackwell, TX is $116,000, which is much lower than the national median of $338,100. Although the one-year appreciation rate of homes nationally is 8.27%, it sits at 7.07% in Blackwell, TX. This suggests that housing prices in the area are not increasing at quite the same speed as the rest of the US; however they still remain relatively steady and are certainly affordable compared to other areas.
The median home cost in Blackwell is $116,000. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Blackwell is up 12.3%.
Average Age of Homes
- The median age of Blackwell real estate is 60 years old
The Rental Market in Blackwell
- Renters make up 19.3% of the Blackwell population
- 0.0% of houses and apartments in Blackwell, 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.