The housing market in Raymondville, TX is quite affordable compared to the national average. The median value of a home in Raymondville is $77,000 which is significantly lower than the US House Median Value of $338,100. Although the US House Median Value is much higher, in the last year Raymondville has seen a 14.13% appreciation rate on houses, significantly higher than the 8.27% national appreciation rate. This indicates that Raymondville's market is rapidly growing and investing in property here could be very rewarding.
The median home cost in Raymondville is $77,000. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Raymondville is up 23.4%.
Average Age of Homes
- The median age of Raymondville real estate is 45 years old
The Rental Market in Raymondville
- Renters make up 16.9% of the Raymondville population
- 1.5% of houses and apartments in Raymondville, 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.