Tomball, TX is known for its expensive housing market with the median home value being $344,800 versus the US median of $338,100. The appreciation rate in Tomball for this past year was 15.68%, much higher than the average 8.27% appreciation rate for homes across the United States. This makes Tomball an attractive place for those looking to invest in real estate and get a great return on their investment. With such a high appreciation rate this past year, it's clear that Tomball stands out among other cities when it comes to getting a great value for your money when purchasing a home.
The median home cost in Tomball is $344,800. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Tomball is up 23.0%.
Average Age of Homes
- The median age of Tomball real estate is 28 years old
The Rental Market in Tomball
- Renters make up 49.6% of the Tomball population
- 0.8% of houses and apartments in Tomball, 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.