Housing in 75413 Bailey, TX is an attractive option for those looking to purchase a new home. The median value in this area is $143,900, which is significantly lower than the US house median value of $338,100. This makes it more affordable for many people who may not have the resources to purchase a home at the national average. Additionally, the 1 year house appreciation rate in Bailey is nearly double the US average of 8.27%, making it an attractive investment opportunity for those looking to buy and hold their property for long-term capital gains. With all these factors considered, Bailey appears to be a great place to purchase a home and invest in real estate.
The median home cost in Bailey (zip 75413) is $143,900. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Bailey (zip 75413) is up 23.0%.
Average Age of Homes
- The median age of Bailey (zip 75413) real estate is 45 years old
The Rental Market in Bailey (zip 75413)
- Renters make up 28.6% of the Bailey (zip 75413) population
- 0.0% of houses and apartments in Bailey (zip 75413), 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.