Palmview South, TX is a great place to buy a home thanks to its favorable housing values. The median house value in Palmview South is $118,200, which is much lower than the national median of $338,100. This represents a great opportunity for potential homeowners. Additionally, the one-year house appreciation rate for Palmview South is 14.13%, which is significantly higher than the national rate of 8.27%. This high appreciation rate indicates that homes in this area are likely to increase in value over time, providing even more incentive for potential buyers.
The median home cost in Palmview South is $118,200. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Palmview South is up 23.4%.
Average Age of Homes
- The median age of Palmview South real estate is 20 years old
The Rental Market in Palmview South
- Renters make up 9.2% of the Palmview South population
- 7.1% of houses and apartments in Palmview South, 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.