The housing market in Texas State is currently quite strong, with a median value of $297,600. This is significantly lower than the US house median value of $338,100, however it still shows a year-on-year appreciation of 9.58%, which is slightly higher than the national average of 8.27%. This indicates that the Texas housing market is healthy and continues to perform well.
The median home cost in Texas is $297,600. Home appreciation the last 10 years has been 125.7%. Home Appreciation in Texas is up 19.6%.
Average Age of Homes
- The median age of Texas real estate is 31 years old
The Rental Market in Texas
- Renters make up 33.0% of the Texas population
- 2.8% of houses and apartments in Texas, 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.