The housing market in Bloomburg, TX is booming - the median value of a house is currently $127,500 which is significantly lower than the US median value of $338,100. The US 1 year house appreciation rate has been 8.27%, however, this rate is even higher for Bloomburg at 17.64%. This indicates that houses are appreciating at a much faster rate in Bloomburg than they are nationally and could be a great investment opportunity for those looking to purchase property in the area.
The median home cost in Bloomburg is $127,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Bloomburg is up 17.9%.
Average Age of Homes
- The median age of Bloomburg real estate is 49 years old
The Rental Market in Bloomburg
- Renters make up 23.2% of the Bloomburg population
- 2.1% of houses and apartments in Bloomburg, 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.