The housing market in Grand Prairie, TX (zip code 75054) is booming. The median home value for this area is $490,500, which is 45% higher than the national median home value of $338,100. In the last year alone, home values have appreciated by 15.66%, while the national rate of appreciation was 8.27%. This trend indicates that investing in real estate in Grand Prairie is a smart move potentially leading to big returns on investment.
The median home cost in Grand Prairie (zip 75054) is $490,500. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Grand Prairie (zip 75054) is up 23.4%.
Average Age of Homes
- The median age of Grand Prairie (zip 75054) real estate is 10 years old
The Rental Market in Grand Prairie (zip 75054)
- Renters make up 8.1% of the Grand Prairie (zip 75054) population
- 0.0% of houses and apartments in Grand Prairie (zip 75054), 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.