Zip 79009 (Bovina, TX) Housing

The housing market in 79009 Bovina, TX is booming. The median value of a home in 79009 Bovina, TX is $112,200, which is significantly lower than the US median value of $338,100. However, the one year house appreciation rate in 79009 Bovina, TX is 12.81%, which is much higher than the US rate of 8.27%. This suggests that home prices are rising quickly in the area and may continue to do so for the foreseeable future. As such, now may be a great time to invest in real estate in 79009 Bovina, TX.

The median home cost in Bovina (zip 79009) is $112,200. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Bovina (zip 79009) is up 11.4%.

Average Age of Homes

- The median age of Bovina (zip 79009) real estate is 45 years old

The Rental Market in Bovina (zip 79009)

- Renters make up 33.9% of the Bovina (zip 79009) population
- 1.2% of houses and apartments in Bovina (zip 79009), 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	Bovina, Texas	United States
	659.0	139,647,020.0
	55	42
	$112,200	$338,100
	11.4%	16.6%
	36.8%	57.0%
	61.7%	101.1%
	$15.20	$10.98
	$819	$2,690
	54.3%	57.4%
	14.7%	11.2%
	31.0%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	1.1%	0.4%
	6.1%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	8.9%	2.4%
	10.6%	2.8%
	10.1%	3.9%
	15.1%	4.5%
	30.7%	11.3%
	7.0%	13.0%
	2.2%	20.1%
	6.4%	13.6%
	2.2%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	1.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	9.0%	13.6%
	6.8%	13.2%
	10.9%	14.8%
	9.0%	13.6%
	29.0%	10.0%
	6.4%	4.7%
	2.3%	12.2%

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