Shoreacres, TX is a small city located near the Gulf of Mexico that has seen a significant rise in house values. The median value of housing in Shoreacres is currently $292,600, which is significantly lower than the US median of $338,100. However, the one-year appreciation for housing in Shoreacres is 12.95%, which is much higher than the US average of 8.27%. This shows that people are increasingly investing in this area and that housing prices will likely increase further over time.
The median home cost in Shoreacres is $292,600. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Shoreacres is up 15.9%.
Average Age of Homes
- The median age of Shoreacres real estate is 39 years old
The Rental Market in Shoreacres
- Renters make up 19.5% of the Shoreacres population
- 1.6% of houses and apartments in Shoreacres, 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.