New Fairview, TX has an impressive housing median value of $408,500 compared to the US median value of $338,100. In addition, the 1 year house appreciation rate in New Fairview is far more than that of the US at 15.51%, compared to 8.27%. This shows that real estate in New Fairview is becoming increasingly valuable and sought after due to its high appreciation rate. With such a high housing median value and increasing demand, New Fairview is quickly becoming one of the most desirable places to live in Texas.
The median home cost in New Fairview is $408,500. Home appreciation the last 10 years has been 144.6%. Home Appreciation in New Fairview is up 21.8%.
Average Age of Homes
- The median age of New Fairview real estate is 17 years old
The Rental Market in New Fairview
- Renters make up 17.4% of the New Fairview population
- 0.0% of houses and apartments in New Fairview, 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.