Del Rio, TX is an area that has seen a significant growth in housing value over the past year. The median value of houses in Del Rio is currently $168,500, which is almost half of the US median house value of $338,100. This wide gap is even more impressive when taking into account the fact that Del Rio has seen an appreciation rate of 16.22% this year - significantly higher than the national average of 8.27%. This trend indicates that Del Rio is a great place to buy property and could be a wise investment choice for those who are looking for a more affordable option with potential for growth.
The median home cost in Del Rio is $168,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Del Rio is up 19.7%.
Average Age of Homes
- The median age of Del Rio real estate is 40 years old
The Rental Market in Del Rio
- Renters make up 30.8% of the Del Rio population
- 1.6% of houses and apartments in Del Rio, 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.