The housing market in Cochran, TX County is quite strong. The median value of housing in the county is $72,440, which is much lower than the US median of $338,100. However, the one year house appreciation in Cochran County is 11.51%, which is 3.24% higher than the US average appreciation rate of 8.27%. This demonstrates that despite its lower median value, the housing market in Cochran County is still a viable investment with potential for significant returns.
The median home cost in Cochran County is $72,440. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Cochran County is up 19.7%.
Average Age of Homes
- The median age of Cochran County real estate is 51 years old
The Rental Market in Cochran County
- Renters make up 15.1% of the Cochran County population
- 1.0% of houses and apartments in Cochran County, 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.