The housing market in 78672 Buchanan Lake Village, TX is very strong, with the median value of homes being $263,600. This is significantly lower than the median value of US houses as a whole ($338,100). However, the appreciation rate for houses in this area over the past year has been 13.25% - much higher than the national average of 8.27%. This makes it an attractive option for buyers looking to invest in real estate and take advantage of this market’s potential.
The median home cost in Buchanan Lake Village (zip 78672) is $263,600. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Buchanan Lake Village (zip 78672) is up 20.0%.
Average Age of Homes
- The median age of Buchanan Lake Village (zip 78672) real estate is 38 years old
The Rental Market in Buchanan Lake Village (zip 78672)
- Renters make up 11.0% of the Buchanan Lake Village (zip 78672) population
- 0.0% of houses and apartments in Buchanan Lake Village (zip 78672), 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.