Plainview Metro Area, TX Housing

The housing market in Plainview, TX Metro Area is showing strong growth. With a median house value of $97,900, it is significantly lower than the U.S. median of $338,100. In the past year, the U.S. house appreciation rate was 8.27%, while in Plainview, TX Metro Area it was 16.22%, indicating a higher rate of growth in this particular area compared to the nation as a whole. This may make buying a home in this area more attractive to prospective buyers and investors and could be an indicator of a hot real estate market in the near future.

The median home cost in Plainview Metro Area is $97,900. Home appreciation the last 10 years has been 67.1%. Home Appreciation in Plainview Metro Area is up 12.6%.

Average Age of Homes

- The median age of Plainview Metro Area real estate is 54 years old

The Rental Market in Plainview Metro Area

- Renters make up 32.0% of the Plainview Metro Area population
- 2.2% of houses and apartments in Plainview 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Plainview, Texas	United States
	13,403.0	139,647,020.0
	55	42
	$97,900	$338,100
	12.6%	16.6%
	40.7%	57.0%
	67.1%	101.1%
	$15.34	$10.98
	$1,276	$2,690
	51.5%	57.4%
	17.4%	11.2%
	31.1%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	13.1%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	9.7%	2.4%
	19.4%	2.8%
	13.6%	3.9%
	14.1%	4.5%
	14.2%	11.3%
	10.4%	13.0%
	9.6%	20.1%
	2.4%	13.6%
	0.6%	8.3%
	0.9%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	8.2%	13.6%
	10.4%	13.2%
	16.5%	14.8%
	8.2%	13.6%
	20.4%	10.0%
	9.6%	4.7%
	6.4%	12.2%

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