The housing market in Red River, TX County has experienced tremendous growth over the last few years. The median value of homes in this county is currently $115,500, which is significantly lower than the US median value of $338,100. This makes it a great place for those looking for affordable homes. In addition to having an attractive price point, Red River TX County also experienced a 1 year house appreciation rate of 14.96%, much higher than the US 1 year house appreciation rate of 8.27%. With such high appreciation rates and affordability, it's not difficult to understand why many people are choosing to invest in real estate in this area.
The median home cost in Red River County is $115,500. Home appreciation the last 10 years has been 128.3%. Home Appreciation in Red River County is up 21.9%.
Average Age of Homes
- The median age of Red River County real estate is 40 years old
The Rental Market in Red River County
- Renters make up 20.3% of the Red River County population
- 0.8% of houses and apartments in Red River 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.