The housing market in Megargel, TX is an attractive investment opportunity. The median house value is $66,300, which is significantly lower than the US median house value of $338,100. Additionally, the 1 year house appreciation rate for Megargel, TX is 15.22%, which is higher than the US rate of 8.27%. With such favorable conditions and a low median house value, Megargel presents an ideal option for those looking to invest in real estate or purchase a home at a great price.
The median home cost in Megargel is $66,300. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Megargel is up 16.6%.
Average Age of Homes
- The median age of Megargel real estate is 49 years old
The Rental Market in Megargel
- Renters make up 5.8% of the Megargel population
- 2.7% of houses and apartments in Megargel, 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.