Grand Prairie, TX (zip code 75051) has a median housing value of $236,600 which is significantly lower than the US median housing value of $338,100. However, the appreciation rate for Grand Prairie's housing market has been much higher over the last year with a 15.66% increase compared to the US average of 8.27%. This indicates that Grand Prairie is an attractive place to invest in real estate and could be a great option for people looking to buy a home.
The median home cost in Grand Prairie (zip 75051) is $236,600. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Grand Prairie (zip 75051) is up 23.4%.
Average Age of Homes
- The median age of Grand Prairie (zip 75051) real estate is 43 years old
The Rental Market in Grand Prairie (zip 75051)
- Renters make up 47.8% of the Grand Prairie (zip 75051) population
- 4.2% of houses and apartments in Grand Prairie (zip 75051), 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.