Cape Royale, TX is a great place to invest in real estate due to the booming housing market. The median value of homes located in Cape Royale has increased by 15.68% in the last year alone, which is substantially higher than the national average of 8.27%. This makes it an attractive investment for those looking to buy a home and also offers some great opportunities for homeowners who are already living in Cape Royale. With this high appreciation rate, investing or buying a home in Cape Royale certainly makes sense.
The median home cost in Cape Royale is $336,200. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Cape Royale is up 23.0%.
Average Age of Homes
- The median age of Cape Royale real estate is 26 years old
The Rental Market in Cape Royale
- Renters make up 2.4% of the Cape Royale population
- 4.9% of houses and apartments in Cape Royale, 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.