South Mountain, TX is an attractive housing market with a median house value of $220,600, which is significantly lower than the US average of $338,100. In addition to being more affordable than other areas, South Mountain has seen a rapid rate of appreciation over the past year at 16.21%, far outpacing the US average of 8.27%. Thus, it appears that South Mountain is a great location for potential real estate investments due to its reasonable prices and high rates of appreciation.
The median home cost in South Mountain is $220,600. Home appreciation the last 10 years has been 116.4%. Home Appreciation in South Mountain is up 24.0%.
Average Age of Homes
- The median age of South Mountain real estate is 36 years old
The Rental Market in South Mountain
- Renters make up 8.6% of the South Mountain population
- 0.0% of houses and apartments in South Mountain, 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.