The housing market in 77415 Cedar Lane, TX is thriving. The median value of homes in the area is $196,400, which is significantly lower than the US median housing value of $338,100. This makes it an attractive option for first-time home buyers looking to get into the market. Furthermore, one year house appreciation in this area has been 11.67%, higher than the national rate of 8.27%. This means that investments made here will be rewarded with a positive return over time. Therefore, investing in Cedar Lane's housing market can be a great choice for those looking to get into the real estate market.
The median home cost in Cedar Lane (zip 77415) is $196,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Cedar Lane (zip 77415) is up 21.6%.
Average Age of Homes
- The median age of Cedar Lane (zip 77415) real estate is 42 years old
The Rental Market in Cedar Lane (zip 77415)
- Renters make up 0.0% of the Cedar Lane (zip 77415) population
- 0.0% of houses and apartments in Cedar Lane (zip 77415), 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.