Zip 79343 (Lorenzo, TX) Housing

The housing market in Lorenzo, TX (79343) is a great opportunity for people looking to invest. The median value for housing in the area is $89,800, significantly less than the US median of $338,100. Additionally, the 1 year appreciation rate for homes in Lorenzo is 16.22%, higher than the US average of 8.27%. These factors make it a prime location for anyone interested in investing in real estate.

The median home cost in Lorenzo (zip 79343) is $89,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lorenzo (zip 79343) is up 19.7%.

Average Age of Homes

- The median age of Lorenzo (zip 79343) real estate is 54 years old

The Rental Market in Lorenzo (zip 79343)

- Renters make up 24.6% of the Lorenzo (zip 79343) population
- 5.2% of houses and apartments in Lorenzo (zip 79343), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lorenzo, Texas	United States
	689.0	139,647,020.0
	58	42
	$89,800	$338,100
	19.7%	16.6%
	63.7%	57.0%
	99.0%	101.1%
	$19.35	$10.98
	$1,218	$2,690
	65.7%	57.4%
	17.7%	11.2%
	16.5%	31.4%
Vacant Housing
	5.2%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.0%	0.4%
	1.9%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	5.3%	2.6%
	13.0%	2.4%
	14.1%	2.8%
	13.9%	3.9%
	8.2%	4.5%
	7.7%	11.3%
	12.6%	13.0%
	6.0%	20.1%
	18.5%	13.6%
	0.2%	8.3%
	0.0%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	6.0%	13.6%
	9.0%	13.2%
	13.2%	14.8%
	6.0%	13.6%
	30.0%	10.0%
	4.2%	4.7%
	9.3%	12.2%

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