The housing market in Point, TX is very promising for buyers and investors. The median value of a house in the city is $127,000, which is much lower than the national median of $338,100. In the past year, the US house appreciation rate was 8.27%, but in Point, TX it was even higher at 21.41%. This means that people who buy a home in Point could expect to see an increase in value should they decide to sell it down the road. Investing in this market could be a great opportunity for potential homeowners and investors alike.
The median home cost in Point is $127,000. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Point is up 23.0%.
Average Age of Homes
- The median age of Point real estate is 38 years old
The Rental Market in Point
- Renters make up 43.0% of the Point population
- 5.5% of houses and apartments in Point, 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.