The housing market in Spofford, TX is performing very well compared to the national average. The median value of homes in Spofford is $133,500, while the US median value is $338,100. Over the past year, nationwide house appreciation has been around 8.27%, while in Spofford it was 16.22%. This shows that the housing market in Spofford is seeing strong growth and appreciation which could be a great opportunity for potential home buyers or investors looking to get into the market.
The median home cost in Spofford is $133,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Spofford is up 19.7%.
Average Age of Homes
- The median age of Spofford real estate is 41 years old
The Rental Market in Spofford
- Renters make up 8.3% of the Spofford population
- 8.2% of houses and apartments in Spofford, 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.