The housing market in the Victoria, TX Metro Area is thriving, with a median value of $195,700, which is significantly lower than the US's median value of $338,100. Additionally, the 1 year house appreciation rate in the area was 15.72%, which is substantially higher than the national rate of 8.27%. The combination of these two factors makes this an attractive area to invest in real estate for potential buyers and investors alike.
The median home cost in Victoria Metro Area is $195,700. Home appreciation the last 10 years has been 69.9%. Home Appreciation in Victoria Metro Area is up 19.4%.
Average Age of Homes
- The median age of Victoria Metro Area real estate is 39 years old
The Rental Market in Victoria Metro Area
- Renters make up 29.6% of the Victoria Metro Area population
- 3.5% of houses and apartments in Victoria 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.