The housing market in Fred, TX (77616) is an attractive option for potential homeowners. The median value of a home in Fred is $183,000, significantly lower than the US median value of $338,100. Additionally, over the last year, house appreciation in Fred has been 10.20%, compared to 8.27% nationally. This makes the housing market in Fred an excellent choice for anyone looking to purchase a new home or invest in real estate.
The median home cost in Fred (zip 77616) is $183,000. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Fred (zip 77616) is up 10.4%.
Average Age of Homes
- The median age of Fred (zip 77616) real estate is 37 years old
The Rental Market in Fred (zip 77616)
- Renters make up 12.5% of the Fred (zip 77616) population
- 0.0% of houses and apartments in Fred (zip 77616), 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.