The housing market in Mitchell, TX County is currently thriving with a median value of $80,600 and an impressive appreciation rate of 16.66% over the past year. This is significantly higher than the national average of 8.27%, and almost four times lower than the US median value of $338,100. These numbers show that now is an excellent time for those looking to invest in real estate in Mitchell County, as the value continues to rise and the affordability is attractive to potential buyers.
The median home cost in Mitchell County is $80,600. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Mitchell County is up 12.3%.
Average Age of Homes
- The median age of Mitchell County real estate is 56 years old
The Rental Market in Mitchell County
- Renters make up 18.2% of the Mitchell County population
- 4.6% of houses and apartments in Mitchell 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.