The housing market in La Paloma Ranchettes, TX is strong and rapidly appreciating. The median value of housing in the city is currently $108,800, significantly lower than the US median value of $338,100. In the past year alone, the appreciation rate of homes in La Paloma Ranchettes has been 14.13%, which is more than double the average 8.27% increase seen across the nation. With such high appreciation rates and low median values, this city offers a great opportunity for potential homebuyers to invest in real estate at an affordable price point with good returns on investment.
The median home cost in La Paloma Ranchettes is $108,800. Home appreciation the last 10 years has been 75.5%. Home Appreciation in La Paloma Ranchettes is up 23.4%.
Average Age of Homes
- The median age of La Paloma Ranchettes real estate is 15 years old
The Rental Market in La Paloma Ranchettes
- Renters make up 0.0% of the La Paloma Ranchettes population
- 0.0% of houses and apartments in La Paloma Ranchettes, 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.