The housing market in Sulphur Springs, TX Metro Area is thriving. The median value of a house is $215,900 which is significantly lower than the US median value of $338,100. This provides great potential for homeowners who are looking to buy a home and get more bang for their buck. Furthermore, the house appreciation rate in this area is 16.22%, far higher than the US average at 8.27%. This indicates that investing in real estate here can yield a good return on investment as well as potentially increase property values over time. Thus, Sulphur Springs is a great option for people looking to invest in the housing market or buy their own home.
The median home cost in Sulphur Springs Metro Area is $215,900. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Sulphur Springs Metro Area is up 23.0%.
Average Age of Homes
- The median age of Sulphur Springs Metro Area real estate is 38 years old
The Rental Market in Sulphur Springs Metro Area
- Renters make up 24.9% of the Sulphur Springs Metro Area population
- 2.1% of houses and apartments in Sulphur Springs 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.