The housing market in Port Isabel, TX is booming. The median value of a home in the area is currently $214,800, which is significantly lower than the US median value of $338,100. Furthermore, the appreciation rate for homes in Port Isabel in the last year has been 14.13%, which is much higher than the average 8.27% seen nationwide. This indicates that investing in real estate in Port Isabel could be a savvy move and this trend looks set to continue into the near future.
The median home cost in Port Isabel is $214,800. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Port Isabel is up 23.4%.
Average Age of Homes
- The median age of Port Isabel real estate is 33 years old
The Rental Market in Port Isabel
- Renters make up 36.9% of the Port Isabel population
- 6.2% of houses and apartments in Port Isabel, 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.