Brownfield, TX is a city located in the state of Texas and has a housing median value of $94,700. This is significantly lower than the US housing median value of $338,100. However, the 1 year house appreciation rate in Brownfield, TX is higher at 16.22%, compared to the US 1 year house appreciation rate of 8.27%. This indicates that while home values are lower in Brownfield than across the US, they have been appreciating more rapidly over the past year. Homeowners in Brownfield may be able to benefit from this trend as they may see a larger increase in their home's value when compared to other areas across the US.
The median home cost in Brownfield is $94,700. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Brownfield is up 19.7%.
Average Age of Homes
- The median age of Brownfield real estate is 47 years old
The Rental Market in Brownfield
- Renters make up 25.2% of the Brownfield population
- 2.3% of houses and apartments in Brownfield, 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.