The housing market in Orason, TX is thriving. The median value of a house is significantly lower than the national median at $220,600 compared to $338,100 respectively. However, it has seen a higher rate of appreciation in the last year at 14.13% compared to the national average of 8.27%, indicating that more people are investing in Orason and that prices are rising faster there than in other parts of the country. This could be attributed to the strong job market and vibrant community that exists in Orason.
The median home cost in Orason is $220,600. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Orason is up 23.4%.
Average Age of Homes
- The median age of Orason real estate is 27 years old
The Rental Market in Orason
- Renters make up 41.4% of the Orason population
- 0.0% of houses and apartments in Orason, 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.