Housing in Follett, TX is very affordable and has been rapidly appreciating in value. The median value of a house in Follett, TX is $130,300, which is significantly lower than the US median of $338,100. Over the past year, house values in Follett have appreciated by 12.81%, much higher than the 8.27% appreciation rate seen across the US. With such low prices and high appreciation rates, it's not surprising that more people are looking to buy a home in Follett, TX.
The median home cost in Follett is $130,300. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Follett is up 11.4%.
Average Age of Homes
- The median age of Follett real estate is 51 years old
The Rental Market in Follett
- Renters make up 14.8% of the Follett population
- 4.6% of houses and apartments in Follett, 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.