The housing in Elsa, TX (78543) is quite impressive. The median house value for the area stands at $105,400, which is significantly lower than the US median house value of $338,100. While the US saw an 8.27% appreciation in home values over the past year, homes in Elsa appreciated by 14.13%, a much higher rate than the national average. This makes housing in the area an attractive investment option for those looking to make a wise purchase. Furthermore, with expected appreciation rates remaining high and prices still relatively low compared to other areas across the nation, buying a home in Elsa is an attractive proposition for many potential buyers.
The median home cost in Elsa (zip 78543) is $105,400. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Elsa (zip 78543) is up 23.4%.
Average Age of Homes
- The median age of Elsa (zip 78543) real estate is 25 years old
The Rental Market in Elsa (zip 78543)
- Renters make up 36.5% of the Elsa (zip 78543) population
- 0.9% of houses and apartments in Elsa (zip 78543), 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.