The housing market in Willis, TX is very strong. The median value of a home is $273,600, which is significantly lower than the US House Median Value of $338,100. However, this low cost has its benefits as it is seeing some of the highest appreciation rates in the country at 15.68%, far above the US 1 year House Appreciation rate of 8.27%. This suggests that those who invest in property now will see their investments increase greatly within one year. With these rates and a low median value, Willis, TX can be an attractive option for those looking to buy property now and see great returns shortly after.
The median home cost in Willis is $273,600. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Willis is up 23.0%.
Average Age of Homes
- The median age of Willis real estate is 25 years old
The Rental Market in Willis
- Renters make up 41.6% of the Willis population
- 0.0% of houses and apartments in Willis, 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.