The housing in 79745 Kermit, TX is much lower than the US median value of $338,100 with a median value of just $110,000. However, while US house appreciation rate has been 8.27% in the last year, houses in 79745 Kermit have appreciated at a more modest rate of 4.71%. Although appreciation isn't as high here as it is elsewhere, if you're looking for an inexpensive place to buy a home then Kermit may be worth considering.
The median home cost in Kermit (zip 79745) is $110,000. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Kermit (zip 79745) is up 7.2%.
Average Age of Homes
- The median age of Kermit (zip 79745) real estate is 55 years old
The Rental Market in Kermit (zip 79745)
- Renters make up 17.1% of the Kermit (zip 79745) population
- 1.7% of houses and apartments in Kermit (zip 79745), 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.