The housing in New Deal, TX is significantly lower than the US House Median Value of $338,100. Despite this, the 1 year house appreciation rate in New Deal is 14.01%, which is higher than the US's 8.27%. This suggests that the housing market in New Deal is growing and provides an opportunity for potential buyers to get a good deal on a home with a median value of only $117,600.
The median home cost in New Deal is $117,600. Home appreciation the last 10 years has been 87.1%. Home Appreciation in New Deal is up 17.6%.
Average Age of Homes
- The median age of New Deal real estate is 39 years old
The Rental Market in New Deal
- Renters make up 25.4% of the New Deal population
- 3.7% of houses and apartments in New Deal, 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.