The housing in 79018 Channing, TX is quite impressive when compared to the US median value. The median value for houses located in this area is $175,300, which is significantly lower than the US median value of $338,100. Despite this, home appreciation rates in 79018 Channing are actually higher than the US average; over the past year, house values have appreciated by 12.81%, while the US average was 8.27%. This makes 79018 Channing a great place to invest in real estate due to its relatively low prices and high appreciation rates.
The median home cost in Channing (zip 79018) is $175,300. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Channing (zip 79018) is up 11.4%.
Average Age of Homes
- The median age of Channing (zip 79018) real estate is 47 years old
The Rental Market in Channing (zip 79018)
- Renters make up 34.9% of the Channing (zip 79018) population
- 1.5% of houses and apartments in Channing (zip 79018), 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.