The housing market in the Pecos, TX Metro Area is thriving. The median value of homes in the area is $141,600, significantly lower than the national median value of $338,100. What makes this area particularly attractive to buyers is that the 1 year house appreciation rate is 11.49%, higher than the US average which stands at 8.27%. This means that buyers who invest in housing in this area can expect their property value to increase more quickly than other areas across the country.
The median home cost in Pecos Metro Area is $141,600. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Pecos Metro Area is up 7.2%.
Average Age of Homes
- The median age of Pecos Metro Area real estate is 52 years old
The Rental Market in Pecos Metro Area
- Renters make up 22.7% of the Pecos Metro Area population
- 0.7% of houses and apartments in Pecos 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.