Housing in 78861 Hondo, TX is highly valued compared to the national median value. The median value of housing in 78861 Hondo, TX is $254,900, while the US house median value is $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, whereas the 1 year appreciation rate for housing in 78861 Hondo, TX is 16.22%. This shows that housing in 78861 Hondo, TX has appreciated at a much higher rate than the nation as a whole over the past year.
The median home cost in Hondo (zip 78861) is $254,900. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Hondo (zip 78861) is up 19.7%.
Average Age of Homes
- The median age of Hondo (zip 78861) real estate is 28 years old
The Rental Market in Hondo (zip 78861)
- Renters make up 25.3% of the Hondo (zip 78861) population
- 1.1% of houses and apartments in Hondo (zip 78861), 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.