The housing market in Cove, TX is particularly strong. The median value of a house is $316,900, which is slightly lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in Cove, TX has been 12.95%, much higher than the national average of 8.27%. This indicates a growing demand for housing in Cove and signals a positive outlook for the local economy.
The median home cost in Cove is $316,900. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Cove is up 15.9%.
Average Age of Homes
- The median age of Cove real estate is 26 years old
The Rental Market in Cove
- Renters make up 12.6% of the Cove population
- 12.8% of houses and apartments in Cove, 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.