Brownsville, TX is a great place to invest in real estate. According to the data, the median value of housing in Brownsville is $140,100, which is much lower than that of the national median value of $338,100. This discrepancy provides potential buyers with an opportunity to acquire housing at a lower cost than many other areas in the nation. Furthermore, over the past year, housing appreciation in Brownsville has been 14.13%, higher than the national rate of 8.27%. This indicates that investing in property here could be a wise decision and could potentially lead to increased returns for investors.
The median home cost in Brownsville (zip 78521) is $140,100. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Brownsville (zip 78521) is up 23.4%.
Average Age of Homes
- The median age of Brownsville (zip 78521) real estate is 30 years old
The Rental Market in Brownsville (zip 78521)
- Renters make up 35.4% of the Brownsville (zip 78521) population
- 3.2% of houses and apartments in Brownsville (zip 78521), 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.