The housing market in Western Lake, TX is looking up with a median value of $313,800. This is slightly lower than the US median value of $338,100, however the appreciation rate for this past year has been much higher than the national average with 15.47% compared to the US 1 year House Appreciation of 8.27%. This means that home owners in Western Lake, TX are likely to see a larger positive return on their investment in the coming years, making it a great time to buy or invest in real estate in this area.
The median home cost in Western Lake is $313,800. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Western Lake is up 21.8%.
Average Age of Homes
- The median age of Western Lake real estate is 39 years old
The Rental Market in Western Lake
- Renters make up 12.6% of the Western Lake population
- 0.0% of houses and apartments in Western Lake, 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.