The housing market in Raymondville, TX Metro Area is very attractive right now. The median value of houses in the area is currently $90,900, which is significantly lower than the median value of houses across the US ($338,100). Furthermore, house appreciation has been much higher in Raymondville over the past year at 16.21%, nearly double that of the US at 8.27%. This makes Raymondville a great place to invest in real estate and ultimately make a good return on investment.
The median home cost in Raymondville Metro Area is $90,900. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Raymondville Metro Area is up 23.4%.
Average Age of Homes
- The median age of Raymondville Metro Area real estate is 40 years old
The Rental Market in Raymondville Metro Area
- Renters make up 15.7% of the Raymondville Metro Area population
- 2.1% of houses and apartments in Raymondville Metro Area, 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.