Grapevine, TX is a great place to live with its attractive housing market. The median value of a house in Grapevine is $505,500, which is significantly higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate for Grapevine is 15.47%, much higher than the US average at 8.27%. Therefore it can be concluded that real estate values are rising in Grapevine and have been outperforming the national market over the past year.
The median home cost in Grapevine is $505,500. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Grapevine is up 21.8%.
Average Age of Homes
- The median age of Grapevine real estate is 27 years old
The Rental Market in Grapevine
- Renters make up 39.9% of the Grapevine population
- 1.2% of houses and apartments in Grapevine, 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.