The housing market in Somervell, TX County is thriving. The median value of a house in the area is $347,400, which is higher than the US median house value of $338,100. Additionally, the 1 year appreciation rate for houses in Somervell County is 14.13%, which is significantly higher than the national 1 year appreciation rate of 8.27%. This means that people are increasingly investing in this area and the demand for housing continues to grow.
The median home cost in Somervell County is $347,400. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Somervell County is up 21.8%.
Average Age of Homes
- The median age of Somervell County real estate is 26 years old
The Rental Market in Somervell County
- Renters make up 25.8% of the Somervell County population
- 0.8% of houses and apartments in Somervell 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.