The Stephenville, TX Metro Area has seen an impressive increase in housing values over the past year with a 16.21% appreciation, more than double the national average of 8.27%. This is evidenced by the median value for homes in the area of $269,400, much lower than the nationwide median of $338,100. As such, this provides an excellent opportunity for those interested in purchasing a home and riding the wave of increasing property values.
The median home cost in Stephenville Metro Area is $269,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Stephenville Metro Area is up 19.7%.
Average Age of Homes
- The median age of Stephenville Metro Area real estate is 34 years old
The Rental Market in Stephenville Metro Area
- Renters make up 34.7% of the Stephenville Metro Area population
- 3.4% of houses and apartments in Stephenville 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.