The housing market in 76360 Electra, TX is an attractive investment prospect for many, with the median value of housing currently at $70,100. This is significantly lower than the US house median value of $338,100. Furthermore, the 1 year appreciation rate for houses in 76360 Electra, TX has been an impressive 15.22%, which is higher than the national average of 8.27%. Therefore, investing in this area seems to be a favorable decision for those looking to take advantage of the current housing market conditions.
The median home cost in Electra (zip 76360) is $70,100. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Electra (zip 76360) is up 16.6%.
Average Age of Homes
- The median age of Electra (zip 76360) real estate is 64 years old
The Rental Market in Electra (zip 76360)
- Renters make up 21.7% of the Electra (zip 76360) population
- 1.5% of houses and apartments in Electra (zip 76360), 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.