The housing market in Wolfe City, TX is booming. The median value of homes in Wolfe City is $230,500, which is significantly less than the US median value of $338,100. This lower cost of housing coupled with an impressive house appreciation rate of 21.41 percent over the last year makes Wolfe City a great place to invest in real estate. The US 1 year house appreciation rate was 8.27 percent, which means that the Wolfe City area has seen more than double the increase in home values compared to the national average.
The median home cost in Wolfe City is $230,500. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Wolfe City is up 23.0%.
Average Age of Homes
- The median age of Wolfe City real estate is 45 years old
The Rental Market in Wolfe City
- Renters make up 25.7% of the Wolfe City population
- 2.8% of houses and apartments in Wolfe City, 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.