The housing market in the Kerrville, TX Metro Area is quite robust. The median value of a house in this area is $363,500, which is significantly higher than the median US house value of $338,100. Furthermore, the one-year appreciation rate for housing in Kerrville has been even more impressive than it has been for the United States as a whole, clocking in at 16.22%, compared to 8.27% nationally. With such strong appreciation rates and high median values, it's no surprise that the housing market in this area is so successful.
The median home cost in Kerrville Metro Area is $363,500. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Kerrville Metro Area is up 17.4%.
Average Age of Homes
- The median age of Kerrville Metro Area real estate is 32 years old
The Rental Market in Kerrville Metro Area
- Renters make up 24.7% of the Kerrville Metro Area population
- 1.2% of houses and apartments in Kerrville 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.