Housing in Lipscomb, TX is significantly more affordable compared to the US House Median Value. The median value for a home in Lipscomb is $102,900, while the US House median value is $338,100. This gives potential buyers more purchasing power when looking for a home in Lipscomb. Additionally, the house appreciation rate over the past year has been 12.81%, significantly higher than the national rate of 8.27%. This high rate of appreciate makes it an attractive option for current homeowners and potential buyers alike as it helps to maintain and increase their property values over time.
The median home cost in Lipscomb is $102,900. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Lipscomb is up 11.4%.
Average Age of Homes
- The median age of Lipscomb real estate is 78 years old
The Rental Market in Lipscomb
- Renters make up 4.2% of the Lipscomb population
- 0.0% of houses and apartments in Lipscomb, 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.