Zip 77623 (Bolivar Peninsula, TX) Housing

The Bolivar Peninsula in Texas has an impressive housing market, with a median value of $247,000. This is significantly lower than the US median value of $338,100. However, the 1-year appreciation rate in Bolivar Peninsula is 10.20%, which is higher than the US average appreciation rate of 8.27%. This indicates that housing in this area could be a great investment opportunity for those looking to invest in real estate and own their own home.

The median home cost in Bolivar Peninsula (zip 77623) is $247,000. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Bolivar Peninsula (zip 77623) is up 10.4%.

Average Age of Homes

- The median age of Bolivar Peninsula (zip 77623) real estate is 50 years old

The Rental Market in Bolivar Peninsula (zip 77623)

- Renters make up 20.4% of the Bolivar Peninsula (zip 77623) population
- 1.9% of houses and apartments in Bolivar Peninsula (zip 77623), 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	Bolivar Peninsula, Texas	United States
	363.0	139,647,020.0
	42	42
	$247,000	$338,100
	10.4%	16.6%
	41.4%	57.0%
	68.4%	101.1%
	$16.21	$10.98
	$1,206	$2,690
	74.1%	57.4%
	20.1%	11.2%
	5.8%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	7.4%	3.6%
	10.7%	4.1%
Value of Owner-Occupied Housing
	6.3%	2.6%
	1.5%	2.4%
	17.1%	2.8%
	24.9%	3.9%
	4.1%	4.5%
	7.4%	11.3%
	9.3%	13.0%
	22.3%	20.1%
	3.3%	13.6%
	0.0%	8.3%
	3.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	27.3%	13.6%
	27.3%	13.6%
	5.8%	13.6%
	12.9%	13.2%
	15.2%	14.8%
	5.8%	13.6%
	15.4%	10.0%
	0.0%	4.7%
	14.9%	12.2%

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