The housing market in George West, TX (78022) is a thriving one. The median value of homes in this area is $156,000, which is significantly lower than the US House Median Value of $338,100. Despite this lower value, homes in George West have experienced a much higher appreciation rate when compared to the rest of the United States. Specifically, over the past year, house appreciation in George West has been 15.93% as opposed to 8.27% for the entire United States. This trend indicates that housing prices are likely to continue increasing in George West in the near future and suggests that now may be a great time to invest in real estate there.
The median home cost in George West (zip 78022) is $156,000. Home appreciation the last 10 years has been 93.7%. Home Appreciation in George West (zip 78022) is up 17.4%.
Average Age of Homes
- The median age of George West (zip 78022) real estate is 39 years old
The Rental Market in George West (zip 78022)
- Renters make up 13.2% of the George West (zip 78022) population
- 1.2% of houses and apartments in George West (zip 78022), 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.