The housing market in Powell, TX is thriving. The median house value in Powell is $212,400 which is significantly lower than the national median of $338,100. Despite this disparity, Powell has experienced a higher appreciation rate over the last year of 19.07%, compared to the national rate of 8.27%. This shows that homes in Powell are increasing in value faster than those elsewhere in the United States; making it a great choice for anyone looking to invest in property or buy a new home.
The median home cost in Powell is $212,400. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Powell is up 23.5%.
Average Age of Homes
- The median age of Powell real estate is 50 years old
The Rental Market in Powell
- Renters make up 35.7% of the Powell population
- 0.0% of houses and apartments in Powell, 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.