The housing market in Troup, TX has been steadily increasing over the past year. The median value for a house in Troup is $245,000, which is significantly lower than the national average of $338,100. Despite this, the 1 year house appreciation rate in Troup is 16.49%, which is higher than the national 1 year appreciation rate of 8.27%. This demonstrates that Troup's housing market has seen impressive gains over the past year and shows no signs of slowing down.
The median home cost in Troup is $245,000. Home appreciation the last 10 years has been 96.3%. Home Appreciation in Troup is up 20.0%.
Average Age of Homes
- The median age of Troup real estate is 47 years old
The Rental Market in Troup
- Renters make up 34.2% of the Troup population
- 2.8% of houses and apartments in Troup, 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.