Rio Bravo, TX has a housing median value of $103,900, which is significantly lower than the US housing median value of $338,100. In the last year, the US house appreciation rate has been 8.27%, whereas in Rio Bravo it has been 15.93%. This suggests that property values are more rapidly increasing in Rio Bravo than in other parts of the country, making it an attractive location for prospective buyers looking to invest in real estate.
The median home cost in Rio Bravo is $103,900. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Rio Bravo is up 17.4%.
Average Age of Homes
- The median age of Rio Bravo real estate is 27 years old
The Rental Market in Rio Bravo
- Renters make up 14.1% of the Rio Bravo population
- 5.7% of houses and apartments in Rio Bravo, 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.