Mabank, TX is an attractive location for those interested in buying a home. The median value of housing in this area is $278,400 which is significantly lower than the US house median value of $338,100. In addition to its affordability, Mabank has seen an impressive 1 year house appreciation rate of 19.07%, much higher than the national average of 8.27%. This high rate of appreciation makes it an ideal place to purchase a home as its value will continue to increase over time.
The median home cost in Mabank is $278,400. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Mabank is up 23.5%.
Average Age of Homes
- The median age of Mabank real estate is 31 years old
The Rental Market in Mabank
- Renters make up 51.3% of the Mabank population
- 2.0% of houses and apartments in Mabank, 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.