Murillo, TX is a great place to invest in housing. The median value of homes in Murillo is $124,700, substantially lower than the U.S. house median value of $338,100. Even better news for home buyers and investors alike is that over the past year home values have appreciated at a rate of 14.13%, significantly higher than the national average appreciation rate of 8.27%. This indicates that now is an excellent time to buy a home in Murillo, TX and invest in property for future growth.
The median home cost in Murillo is $124,700. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Murillo is up 23.4%.
Average Age of Homes
- The median age of Murillo real estate is 16 years old
The Rental Market in Murillo
- Renters make up 19.0% of the Murillo population
- 0.0% of houses and apartments in Murillo, 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.