The housing market in 77430 Damon, TX is thriving. The median value of a home in the area is $281,400 which is lower than the national median value of $338,100. This provides an excellent opportunity for potential homeowners to find great homes at an affordable price. Additionally, the one year appreciation rate for homes in Damon is 11.67%, higher than the national average of 8.27%. This shows that investing in property in this region can result in significant returns for homeowners over time. All these factors make 77430 Damon an attractive option for buyers looking to purchase a new home or invest their money into real estate.
The median home cost in Damon (zip 77430) is $281,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Damon (zip 77430) is up 21.6%.
Average Age of Homes
- The median age of Damon (zip 77430) real estate is 35 years old
The Rental Market in Damon (zip 77430)
- Renters make up 10.0% of the Damon (zip 77430) population
- 0.0% of houses and apartments in Damon (zip 77430), 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.