The housing market in Friona, TX is thriving! The median value of houses in the city is $118,300, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1-year house appreciation rate in Friona, TX is 12.81%, considerably higher than the US rate of 8.27%. These indicators suggest that there is a strong demand for housing in Friona and that those who invest in housing there are likely to see a good return on their investment.
The median home cost in Friona is $118,300. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Friona is up 11.4%.
Average Age of Homes
- The median age of Friona real estate is 45 years old
The Rental Market in Friona
- Renters make up 28.4% of the Friona population
- 6.3% of houses and apartments in Friona, 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.