New Chapel Hill, TX is a great place to invest in real estate. The median house value is $198,200 which is much lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in New Chapel Hill is 16.49%, significantly higher than the US average of 8.27%. This makes New Chapel Hill an attractive option for people looking to buy or invest in real estate as they can benefit from higher appreciation rates and lower prices than other locations in the US.
The median home cost in New Chapel Hill is $198,200. Home appreciation the last 10 years has been 96.3%. Home Appreciation in New Chapel Hill is up 20.0%.
Average Age of Homes
- The median age of New Chapel Hill real estate is 41 years old
The Rental Market in New Chapel Hill
- Renters make up 19.1% of the New Chapel Hill population
- 10.5% of houses and apartments in New Chapel Hill, 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.