The city of Slaton, TX has seen remarkable growth in the value of its housing market over the past year. With a median house value of $105,200, it is significantly lower than the US house median value of $338,100. However, what is remarkable is that this lower house value has seen an appreciation rate of 16.22%, far surpassing the US 1 year house appreciation rate of 8.27%. This means that those who have invested in real estate in Slaton have seen a tremendous return on their investments over the past year. It is clear that Slaton has been enjoying a period of strong economic growth and stability which is likely to continue into the future.
The median home cost in Slaton is $105,200. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Slaton is up 19.7%.
Average Age of Homes
- The median age of Slaton real estate is 58 years old
The Rental Market in Slaton
- Renters make up 22.0% of the Slaton population
- 1.7% of houses and apartments in Slaton, 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.