The housing market in the Lamesa, TX Metro Area is quite attractive; the median value of houses in the area is $80,800, which is significantly lower than the US house median value of $338,100. Additionally, while the US house appreciation rate over the past year was 8.27%, homes in Lamesa saw an even greater appreciation rate of 12.81%. These numbers indicate that now may be a great time to buy a home in Lamesa or sell a home at a great price.
The median home cost in Lamesa Metro Area is $80,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lamesa Metro Area is up 19.7%.
Average Age of Homes
- The median age of Lamesa Metro Area real estate is 54 years old
The Rental Market in Lamesa Metro Area
- Renters make up 24.1% of the Lamesa Metro Area population
- 0.8% of houses and apartments in Lamesa 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.