Ore City, TX has seen a significant increase in housing median value over the past year. At $132,200, it is significantly lower than the US House Median Value of $338,100. Despite this difference, Ore City's house appreciation rate is 14.75%, which is higher than the US one-year house appreciation rate of 8.27%. This indicates that Ore City's housing market is growing at an accelerated pace and is a great opportunity for potential homeowners and investors alike.
The median home cost in Ore City is $132,200. Home appreciation the last 10 years has been 67.5%. Home Appreciation in Ore City is up 20.4%.
Average Age of Homes
- The median age of Ore City real estate is 44 years old
The Rental Market in Ore City
- Renters make up 29.5% of the Ore City population
- 2.7% of houses and apartments in Ore City, 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.