Housing in 78016 Devine, TX is significantly more affordable than the US house median value of $338,100. According to recent data, the median housing value in 78016 Devine, TX is $222,900 which is much lower than the US median. Furthermore, the appreciation rate for housing in 78016 Devine, TX has been much higher than the US national rate with a 1 year appreciation rate of 15.93% compared to 8.27% nationally. This indicates that investing in this area could potentially yield very high returns due to a combination of low prices and significant appreciation in value over time.
The median home cost in Devine (zip 78016) is $222,900. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Devine (zip 78016) is up 17.4%.
Average Age of Homes
- The median age of Devine (zip 78016) real estate is 42 years old
The Rental Market in Devine (zip 78016)
- Renters make up 21.8% of the Devine (zip 78016) population
- 0.0% of houses and apartments in Devine (zip 78016), 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.