The housing market in Danbury, TX is gaining momentum. The median value of a home in Danbury is $228,700, which is significantly lower than the US median of $338,100. Over the past year, the average appreciation rate of homes in Danbury was 12.95%, compared to 8.27% nationwide. This suggests that Danbury is a great opportunity for those looking to invest in real estate as they can capitalize on the higher rate of appreciation. With its affordability and potential for growth, Danbury is a great place to buy or invest in housing.
The median home cost in Danbury is $228,700. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Danbury is up 15.9%.
Average Age of Homes
- The median age of Danbury real estate is 42 years old
The Rental Market in Danbury
- Renters make up 20.4% of the Danbury population
- 3.5% of houses and apartments in Danbury, 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.