The housing market in Tool, TX is performing extremely well, with a median value of $269,400, which is significantly lower than the national median value of $338,100. Additionally, over the past year, the appreciation rate for housing in Tool has been 19.07%, much higher than the national average of 8.27%. This indicates that the real estate market in Tool is experiencing strong growth and may be an attractive investment opportunity for prospective buyers.
The median home cost in Tool is $269,400. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Tool is up 23.5%.
Average Age of Homes
- The median age of Tool real estate is 33 years old
The Rental Market in Tool
- Renters make up 14.6% of the Tool population
- 1.9% of houses and apartments in Tool, 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.