Palisades, TX is a great place to buy a house with its median value far below the US median value. Thanks to the appreciation rate of 9.34% in the last year, those buying a house in Palisades are getting an even bigger bang for their buck. Furthermore, this is higher than the 8.27% US 1 year house appreciation rate meaning that Palisades housing may be a safer investment than elsewhere in the country.
The median home cost in Palisades is $205,500. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Palisades is up 14.3%.
Average Age of Homes
- The median age of Palisades real estate is 43 years old
The Rental Market in Palisades
- Renters make up 3.6% of the Palisades population
- 2.0% of houses and apartments in Palisades, 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.