The housing market in Eagle Lake, TX is especially strong compared to the national average. The median value of a house in Eagle Lake is $118,500, which is significantly less than the US median house value of $338,100. Moreover, the US 1 year house appreciation rate stands at 8.27%, while Eagle Lake's 1 year house appreciation rate is 11.67%. This impressive rate of growth indicates that Eagle Lake's housing market is a great investment opportunity and shouldn't be overlooked by prospective homeowners and investors alike.
The median home cost in Eagle Lake is $118,500. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Eagle Lake is up 21.6%.
Average Age of Homes
- The median age of Eagle Lake real estate is 44 years old
The Rental Market in Eagle Lake
- Renters make up 31.7% of the Eagle Lake population
- 4.3% of houses and apartments in Eagle Lake, 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.