Medina, TX is a small town with a population of 1,040 people. This rural area has experienced significant growth in its housing market in the past year. The median value of homes in Medina, TX is currently $94,300 which is significantly lower than the US median housing value at $338,100. While the US housing appreciation rate over the past year stands at 8.27%, Medina, TX has seen an impressive 15.93% increase in home values over that same period of time. It is clear that there are many opportunities for potential homeowners to invest and benefit from this growing market in Medina, TX.
The median home cost in Medina is $94,300. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Medina is up 17.4%.
Average Age of Homes
- The median age of Medina real estate is 29 years old
The Rental Market in Medina
- Renters make up 18.2% of the Medina population
- 0.8% of houses and apartments in Medina, 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.