The housing market in Milam, TX is doing remarkably well compared to the national average. The median value of homes in Milam, TX is $170,300, which is much lower than the US House Median Value of $338,100. However, the 1-year house appreciation rate for Milam is almost double the US average at 16.22%. This growth rate indicates that the housing market in Milam is strong and likely to continue improving over time.
The median home cost in Milam is $170,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Milam is up 19.7%.
Average Age of Homes
- The median age of Milam real estate is 34 years old
The Rental Market in Milam
- Renters make up 6.6% of the Milam population
- 2.5% of houses and apartments in Milam, 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.