The housing market in Lamb, TX County is an attractive option for those looking to invest. The median value of homes in Lamb, TX County is $89,500, which is significantly lower than the US House median value of $338,100. In addition to being more affordable than other areas, the appreciation rate for houses in Lamb, TX County has been 16.21% over the last year - much higher than the 8.27% appreciation rate seen nationwide. Those investing in property in this area are likely to see a good return on their investment over time.
The median home cost in Lamb County is $89,500. Home appreciation the last 10 years has been 87.8%. Home Appreciation in Lamb County is up 17.2%.
Average Age of Homes
- The median age of Lamb County real estate is 55 years old
The Rental Market in Lamb County
- Renters make up 23.4% of the Lamb County population
- 0.4% of houses and apartments in Lamb 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.