Mikes, TX is an attractive place to buy a house due to its relatively low median value of $124,900 compared to the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation in Mikes, TX is 14.13%, which is higher than the US average of 8.27%. This means that buying a house in Mikes, TX can be a good investment given that property values are likely to appreciate at above-average rates over time.
The median home cost in Mikes is $124,900. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Mikes is up 23.4%.
Average Age of Homes
- The median age of Mikes real estate is 18 years old
The Rental Market in Mikes
- Renters make up 0.0% of the Mikes population
- 6.2% of houses and apartments in Mikes, 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.