The housing in Menard, TX is significantly lower than the US housing median value, at $88,500 compared to $338,100 across the country. However, it has had a greater rate of appreciation than the national average over the past year, with 16.22% growth compared to 8.27% nationwide. This speaks to the strength of the Menard housing market and its attractiveness for potential buyers seeking an affordable investment with significant upside potential.
The median home cost in Menard is $88,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Menard is up 19.7%.
Average Age of Homes
- The median age of Menard real estate is 58 years old
The Rental Market in Menard
- Renters make up 14.4% of the Menard population
- 0.8% of houses and apartments in Menard, 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.