Housing in 76631 Bynum, TX has been growing rapidly over the past year. The median value of a home in this area is $191,300, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in 76631 Bynum is 17.68%, more than twice as high as the US average of 8.27%. This rapid appreciation is likely due to an influx of buyers who are attracted to the relatively low costs and attractive rural atmosphere that this area offers. With its strong job market and potential for continued increases in housing values, 76631 Bynum looks like it will remain a desirable place to live for many years to come.
The median home cost in Bynum (zip 76631) is $191,300. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Bynum (zip 76631) is up 21.3%.
Average Age of Homes
- The median age of Bynum (zip 76631) real estate is 44 years old
The Rental Market in Bynum (zip 76631)
- Renters make up 8.1% of the Bynum (zip 76631) population
- 0.0% of houses and apartments in Bynum (zip 76631), 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.