Red Lick, TX is a great place for those looking to invest in housing. The median value of a house in Red Lick is $281,000, which is significantly lower than the US median value of $338,100. In addition to being relatively affordable, there has also been strong appreciation in Red Lick over the past year with a rate of 17.64%, which far exceeds the national 1 year appreciation rate of 8.27%. With these factors in mind, now is a great time to consider investing in housing in Red Lick.
The median home cost in Red Lick is $281,000. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Red Lick is up 17.9%.
Average Age of Homes
- The median age of Red Lick real estate is 24 years old
The Rental Market in Red Lick
- Renters make up 14.4% of the Red Lick population
- 0.0% of houses and apartments in Red Lick, 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.