The housing market in Lavon, TX is a strong one, with the median value of homes being significantly higher than the US median value. On top of that, the appreciation rate in Lavon has been much higher than the US average over the past year, at 19.07% compared to 8.27%. This shows how attractive Lavon is for prospective homeowners and investors and indicates that it is a great option for anyone looking to buy real estate.
The median home cost in Lavon is $365,500. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Lavon is up 23.5%.
Average Age of Homes
- The median age of Lavon real estate is 10 years old
The Rental Market in Lavon
- Renters make up 15.1% of the Lavon population
- 0.0% of houses and apartments in Lavon, 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.