The housing market in the Alice, TX Metro Area is on the rise. The median value of a house in this area is currently $111,000 and has seen an impressive 15.63% increase in value over the past year. This is significantly higher than the US median house value of $338,100 and 8.27% appreciation rate over the same period. It is clear that this region's housing market is booming, which makes it an attractive place for potential buyers as well as current homeowners looking to capitalize on their real estate investments.
The median home cost in Alice Metro Area is $111,000. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Alice Metro Area is up 14.1%.
Average Age of Homes
- The median age of Alice Metro Area real estate is 41 years old
The Rental Market in Alice Metro Area
- Renters make up 24.0% of the Alice Metro Area population
- 1.2% of houses and apartments in Alice 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.