Springlake, TX Housing


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United States / Texas / No Metro Area / Lamb County / Springlake / Zip Codes
The housing in Springlake, TX is quite affordable, with the median value at about $61,300 and far below the US House median value of $338,100. Moreover, while the US house appreciation rate was 8.27% over the past year, Springlake saw even higher house appreciation of 12.81%. This means that homeowners in Springlake can expect a much larger return on their investment than those elsewhere in the US. With a great balance between affordability and appreciation potential, Springlake is a great option for anyone looking to buy into the real estate market.

The median home cost in Springlake is $61,300. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Springlake is up 11.4%.

Average Age of Homes
- The median age of Springlake real estate is 48 years old
The Rental Market in Springlake
- Renters make up 26.2% of the Springlake population
- 0.0% of houses and apartments in Springlake, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSpringlake, TexasUnited States
  70.0139,647,020.0
  5842
  $61,300$338,100
  11.4%16.6%
  36.8%57.0%
  61.7%101.1%
  $12.16$10.98
  $414$2,690
  50.0%57.4%
  45.7%11.2%
  4.3%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  5.7%0.4%
  18.6%3.6%
  21.4%4.1%
  Value of Owner-Occupied Housing
  31.4%2.6%
  51.4%2.4%
  8.6%2.8%
  2.9%3.9%
  0.0%4.5%
  0.0%11.3%
  0.0%13.0%
  0.0%20.1%
  0.0%13.6%
  0.0%8.3%
  0.0%9.7%
  5.7%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.0%13.6%
  0.0%13.6%
  5.7%13.6%
  5.7%13.2%
  18.6%14.8%
  5.7%13.6%
  40.0%10.0%
  0.0%4.7%
  2.9%12.2%
Commute
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