The housing market in Bovina, TX is booming, with a current median value of $102,100. This is significantly lower than the US House Median Value of $338,100; however, this difference is made up for by an impressive 12.81% one year house appreciation rate in Bovina. This exceeds the US national average of 8.27%, meaning that the housing market in Bovina is growing more quickly than other areas across America.
The median home cost in Bovina is $102,100. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Bovina is up 11.4%.
Average Age of Homes
- The median age of Bovina real estate is 45 years old
The Rental Market in Bovina
- Renters make up 37.6% of the Bovina population
- 1.5% of houses and apartments in Bovina, 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.