Housing in Brownfield, TX (79316) is a great investment due to the current median value being $96,000 and the 1 year appreciation rate being 16.22%. This is significantly higher than the national median home value of $338,100 and 8.27% rate of appreciation for homes in the US. Therefore, buying a home in Brownfield can provide potential buyers with an excellent opportunity to invest in their future and see greater returns on their investments.
The median home cost in Brownfield (zip 79316) is $96,000. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Brownfield (zip 79316) is up 19.7%.
Average Age of Homes
- The median age of Brownfield (zip 79316) real estate is 46 years old
The Rental Market in Brownfield (zip 79316)
- Renters make up 23.6% of the Brownfield (zip 79316) population
- 2.0% of houses and apartments in Brownfield (zip 79316), 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.