Pecos, TX is a small city located in West Texas with a median housing value of $139,200. This is significantly lower than the US's median housing value of $338,100. Despite this disparity, Pecos has seen an increase in its housing values with a 1 year appreciation rate of 4.71%, which is still lower than the US rate of 8.27%. Because of this, the low median housing value and slower appreciation rates make Pecos an attractive option for those looking for affordable housing options while still experiencing some growth in their investment.
The median home cost in Pecos is $139,200. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Pecos is up 7.2%.
Average Age of Homes
- The median age of Pecos real estate is 53 years old
The Rental Market in Pecos
- Renters make up 25.7% of the Pecos population
- 0.6% of houses and apartments in Pecos, 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.