The housing market in Fabens, TX is booming compared to the national average. The US median house value is $338,100, while Fabens' median house value is only $120,100 - almost a third of the national average. In addition to this affordability, houses in Fabens have seen an impressive 16.22% appreciation rate over the course of 1 year compared to the 8.27% nationwide. This makes it an ideal place for potential homeowners or investors looking for affordability and potential gains over time.
The median home cost in Fabens (zip 79838) is $120,100. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Fabens (zip 79838) is up 19.7%.
Average Age of Homes
- The median age of Fabens (zip 79838) real estate is 33 years old
The Rental Market in Fabens (zip 79838)
- Renters make up 31.1% of the Fabens (zip 79838) population
- 3.9% of houses and apartments in Fabens (zip 79838), 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.