The city of Richland Hills, TX is a great place to invest in housing. The median value of houses in this city is $266,200, which is much lower than the median value for US homes at $338,100. This difference in cost presents a great opportunity for those looking to invest in housing. Additionally, the one year appreciation rate in Richland Hills is significantly higher than the national average at 15.58%, which means that property values are likely to continue increasing if investments are made now. With its lower prices and high appreciation rate, Richland Hills is an ideal destination for anyone looking to invest in housing.
The median home cost in Richland Hills is $266,200. Home appreciation the last 10 years has been 154.4%. Home Appreciation in Richland Hills is up 22.1%.
Average Age of Homes
- The median age of Richland Hills real estate is 58 years old
The Rental Market in Richland Hills
- Renters make up 29.4% of the Richland Hills population
- 6.6% of houses and apartments in Richland Hills, 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.