The housing market in Bynum, TX is thriving, with the median home value being $202,200. This is significantly lower than the US house median value of $338,100, indicating that Bynum is more affordable for potential homeowners. In addition to its affordability, the one year appreciation rate for houses in Bynum has also been higher than the national rate at 17.68%, which is 8.27%. This demonstrates the strong real estate market and potential for growth in Bynum, making it an attractive option for homeowners looking to purchase property or invest in real estate.
The median home cost in Bynum is $202,200. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Bynum is up 21.3%.
Average Age of Homes
- The median age of Bynum real estate is 60 years old
The Rental Market in Bynum
- Renters make up 7.8% of the Bynum population
- 0.0% of houses and apartments in Bynum, 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.