Housing in 78940 Fayetteville, TX has a median value of $543,300, much higher than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, however in this area the appreciation rate is even higher at 16.22%. This indicates that housing in 78940 Fayetteville, TX is an attractive option for real estate investors as well as those looking to live in the area. With its high housing values and high appreciation rate, it makes sense why so many people are drawn to this area.
The median home cost in Fayetteville (zip 78940) is $543,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Fayetteville (zip 78940) is up 19.7%.
Average Age of Homes
- The median age of Fayetteville (zip 78940) real estate is 36 years old
The Rental Market in Fayetteville (zip 78940)
- Renters make up 8.8% of the Fayetteville (zip 78940) population
- 0.7% of houses and apartments in Fayetteville (zip 78940), 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.