The housing market in Borger, TX Metro Area is quite remarkable. The median value of houses there is 89,400, which is far lower than the US average of 338,100. Additionally, the house appreciation rate in Borger is 11.51%, which far surpasses the US rate of 8.27%. This suggests that Borger offers an excellent investment opportunity for those looking to buy a home and benefit from its rapidly appreciating value over time. With such a low median price point and high appreciation rate, it's no wonder why people are flocking to this area for their housing needs.
The median home cost in Borger Metro Area is $89,400. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Borger Metro Area is up 11.4%.
Average Age of Homes
- The median age of Borger Metro Area real estate is 51 years old
The Rental Market in Borger Metro Area
- Renters make up 18.4% of the Borger Metro Area population
- 0.9% of houses and apartments in Borger 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.