The housing market in Welch, TX is growing fast. The median value of homes in the area is $135,600, much lower than the US median of $338,100. However, this lower price point does not mean that homes in Welch are not appreciating; in fact, over the last year house values have increased by 16.22%, more than double the US average appreciation rate of 8.27%. This suggests that now is a great time to invest in real estate in Welch, TX and prices are likely to only continue to rise.
The median home cost in Welch is $135,600. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Welch is up 19.7%.
Average Age of Homes
- The median age of Welch real estate is 55 years old
The Rental Market in Welch
- Renters make up 18.6% of the Welch population
- 0.0% of houses and apartments in Welch, 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.