The housing market in Elbert, TX has seen significant appreciation over the past year with an increase of 15.22%. The median value for homes in Elbert is $87,900 which is significantly lower than the US house median value of $338,100. Despite the difference in house median values, the rate of appreciation for houses in Elbert is higher than the US average of 8.27% making it an attractive option for those looking to invest.
The median home cost in Elbert is $87,900. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Elbert is up 16.6%.
Average Age of Homes
- The median age of Elbert real estate is 15 years old
The Rental Market in Elbert
- Renters make up 40.9% of the Elbert population
- 0.0% of houses and apartments in Elbert, 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.