The housing market in Rio Grande City, TX (78582) is an interesting one. The median house value in the area is $91,500, which is significantly lower than the US average of $338,100. This could be due to a variety of factors such as the local economy and general desirability of the area. However, what stands out in comparison to other areas across the country is that Rio Grande City has seen an impressive 14.13% appreciation over a one year period - almost double that of the US average of 8.27%. This could suggest that there are some unseen benefits to living in this part of Texas, making it an attractive buying opportunity for those looking for a good deal on real estate.
The median home cost in Rio Grande City (zip 78582) is $91,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Rio Grande City (zip 78582) is up 23.4%.
Average Age of Homes
- The median age of Rio Grande City (zip 78582) real estate is 25 years old
The Rental Market in Rio Grande City (zip 78582)
- Renters make up 17.8% of the Rio Grande City (zip 78582) population
- 1.7% of houses and apartments in Rio Grande City (zip 78582), 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.