The housing median value in Knox City, TX is $54,500, which is much lower than the US house median value of $338,100. Although the US house appreciation rate within the past year was 8.27%, the appreciation rate in Knox City within the same time frame was 7.07%. This shows that while prices are rising in the area, it may not be at the same rate as other places across the country. As such, this could be a great opportunity for those looking to invest in real estate in this area.
The median home cost in Knox City (zip 79529) is $54,500. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Knox City (zip 79529) is up 12.3%.
Average Age of Homes
- The median age of Knox City (zip 79529) real estate is 60 years old
The Rental Market in Knox City (zip 79529)
- Renters make up 23.5% of the Knox City (zip 79529) population
- 3.2% of houses and apartments in Knox City (zip 79529), 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.